<PAGE> PAGE 1
000 B000000 11/30/98
000 C000000 0000742286
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 INTERNATIONAL SERIES, INC.
001 B000000 811-3984
001 C000000 4122881581
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 FEDERATED INTERNATIONAL EQUITY FUND
007 C030100 N
007 C010200 2
007 C020200 FEDERATED INTERNATIONAL INCOME FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A00AA01 FEDERATED GLOBAL RESEARCH CORP.
008 B00AA01 A
008 C00AA01 801-49470
008 D01AA01 NEW YORK
<PAGE> PAGE 2
008 D02AA01 NY
008 D03AA01 10038
008 D04AA01 4965
010 A00AA01 FEDERATED SERVICES COMPANY
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15222
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 ABN AMRO CHICAGO CORPORATION
020 B000001 13-2647786
020 C000001 282
020 A000002 KLEINWORT BENSON
020 B000002 12-2647786
020 C000002 258
020 A000003 MERRILL LYCHH PIERCE FENNER & SMITH
020 B000003 13-2567405
020 C000003 234
020 A000004 CS FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004 193
020 A000005 MORGAN STANLEY & CO.
020 B000005 13-2655998
020 C000005 182
020 A000006 GOLDMAN SACHS & CO.
020 B000006 13-5108880
020 C000006 115
020 A000007 ALFRED BERG NY
020 C000007 104
020 A000008 EXANE
020 C000008 90
020 A000009 ROBERT FLEMING SECURITIES
020 B000009 13-3298866
<PAGE> PAGE 3
020 C000009 88
020 A000010 WARBURG, S.G. & COMPANY,INC.
020 C000010 82
021 000000 2661
022 A000001 B.T. SECURITIES CORP.
022 B000001 13-4941247
022 C000001 2099325
022 D000001 0
022 A000002 WESTDEUTCHE LANDESBANK
022 C000002 459003
022 D000002 4810
022 A000003 CS FIRST BOSTON
022 B000003 13-5659485
022 C000003 412536
022 D000003 150
022 A000004 GOLDMAN SACHS & CO.
022 B000004 13-5108880
022 C000004 48908
022 D000004 44589
022 A000005 SALOMON BROTHERS INC
022 C000005 36597
022 D000005 909
022 A000006 DRESDER SECURITIES(USA)
022 B000006 22-2094140
022 C000006 6002
022 D000006 24928
022 A000007 DRESDER KLEINWORT BENSON
022 B000007 12-2644776
022 C000007 5220
022 D000007 18090
022 A000008 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000008 13-5674085
022 C000008 7517
022 D000008 2811
022 A000009 ABN AMBRO CHICAGO CORPORATION
022 B000009 13-2647786
022 C000009 7610
022 D000009 2614
022 A000010 MORGAN STANLEY & CO
022 B000010 13-2655998
022 C000010 8372
022 D000010 826
023 C000000 3143972
023 D000000 124669
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
<PAGE> PAGE 4
026 G020000 N
026 H000000 Y
027 000000 Y
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
077 A000000 Y
077 B000000 Y
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 LLOYD'S OF LONDON
080 B00AA00 ZURICH INSURANCE COMPANY;RELIANCE INS. CO.
080 C00AA00 70000
081 A00AA00 Y
081 B00AA00 159
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
<PAGE> PAGE 5
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
015 A000101 STATE STREET BANK AND TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02266
015 C040101 8600
015 E010101 X
015 A000102 BANKERS TRUST CO.
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10015
015 E010102 X
015 A000103 BANK OF NEW YORK
015 B000103 S
015 C010103 NEW YORK
015 C020103 NY
015 C030103 10006
015 E010103 X
015 A000104 THE CHASE MANHATTAN CORP.
015 B000104 S
015 C010104 NEW YORK
015 C020104 NY
015 C030104 10006
015 E010104 X
015 A000105 MORGAN GUARANTY BANK & TRUST CO.
015 B000105 S
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10015
015 E010105 X
015 A000106 NATIONSBANK OF NORTH CAROLINA
015 B000106 S
015 C010106 CHARLOTTE
015 C020106 NC
015 C030106 28255
015 E010106 X
015 A000107 PNC BANK, NA
015 B000107 S
015 C010107 PITTSBURGH
015 C020107 PA
015 C030107 15265
015 E010107 X
015 A000108 CITIBANK N.A.
015 B000108 S
<PAGE> PAGE 6
015 C010108 BUENOS ARIES
015 D010108 ARGENTINA
015 E040108 X
015 A000109 GIROCREDITBANK DER SARKASSEN
015 B000109 S
015 C010109 VIENNA
015 D010109 AUSTRIA
015 E040109 X
015 A000110 WESTPAC CUSTODIAN NOMINEES
015 B000110 S
015 C010110 SIDNEY
015 D010110 AUSTRALIA
015 E040110 X
015 A000111 GENERAL DE BANQUE
015 B000111 S
015 C010111 BRUSSELS
015 D010111 BELGIUM
015 E040111 X
015 A000112 CITIBANK N.A.
015 B000112 S
015 C010112 SAO PAULO
015 D010112 BRAZIL
015 E040112 X
015 A000113 CANADA TRUST COMPANY
015 B000113 S
015 C010113 TORONTO
015 D010113 CANADA
015 E040113 X
015 A000114 HONG KONG & SHANGHAI BANKING
015 B000114 S
015 C010114 SHANGHAI
015 D010114 CHINA
015 E040114 X
015 A000115 HONG KONG & SHANGHAI BANKING
015 B000115 S
015 C010115 SHENZEN
015 D010115 CHINA
015 E040115 X
015 A000116 CESKOLOVENSKA OBCHODNI
015 B000116 S
015 C010116 PRAQUE
015 D010116 CZECH REPUBLIC
015 E040116 X
015 A000117 CITIBANK N.A.
015 B000117 S
015 C010117 SANTIAGO
015 D010117 CHILE
015 E040117 X
015 A000118 CITITRUST COLUMBIA N.A.
015 B000118 S
015 C010118 SANTA FE DE BOGOTA
<PAGE> PAGE 7
015 D010118 COLUMBIA
015 E040118 X
015 A000119 DEN DANSKE BANK
015 B000119 S
015 C010119 COPENHAGEN
015 D010119 DENMARK
015 E040119 X
015 A000120 NATIONAL BANK OF EGYPT
015 B000120 S
015 C010120 CAIRO
015 D010120 EGYPT
015 E040120 X
015 A000121 MERITA BANK LTD.
015 B000121 S
015 C010121 HELSINKI
015 D010121 FINLAND
015 E040121 X
015 A000122 BANQUE PARIBAS
015 B000122 S
015 C010122 PARIS
015 D010122 FRANCE
015 E040122 X
015 A000123 DRESDNER BANK AG
015 B000123 S
015 C010123 FRANKFURT
015 D010123 GERMANY
015 E040123 X
015 A000124 NATIONAL BANK OF GREECE
015 B000124 S
015 C010124 ATHENS
015 D010124 GREECE
015 E040124 X
015 A000125 STANDARD CHARTERED BANK PLC
015 B000125 S
015 C010125 HONG KONG
015 D010125 HONG KONG
015 E040125 X
015 A000126 CITIBANK BUDAPEST RT.
015 B000126 S
015 C010126 BUDAPEST
015 D010126 HUNGARY
015 E040126 X
015 A000127 HONG KONG & SHANGHAI BANKING
015 B000127 S
015 C010127 BOMBAY
015 D010127 INDIA
015 E040127 X
015 A000128 STANDARD CHARTERED BANK PLC
015 B000128 S
015 C010128 JAKARTA
015 D010128 INDONESIA
<PAGE> PAGE 8
015 E040128 X
015 A000129 BANK OF IRELAND
015 B000129 S
015 C010129 DUBLIN
015 D010129 IRELAND
015 E040129 X
015 A000130 BANK HAPOALIM
015 B000130 S
015 C010130 TEL AVIV
015 D010130 ISRAEL
015 E040130 X
015 A000131 MORGAN GUARANTY TRUST CO. OF NY
015 B000131 S
015 C010131 MILAN
015 D010131 ITALY
015 E040131 X
015 A000132 SUMITOMO TRUST & BANKING CO., LTD.
015 B000132 S
015 C010132 TOKYO
015 D010132 JAPAN
015 E040132 X
015 A000133 SEOULBANK
015 B000133 S
015 C010133 SEOUL
015 D010133 KOREA
015 E040133 X
015 A000134 STANDARD CHARTERED BANK MALAYSIA BERHAD
015 B000134 S
015 C010134 KUALA LUMPAR
015 D010134 MALAYSIA
015 E040134 X
015 A000135 HONG KONG & SHANGHAI BANKING
015 B000135 S
015 C010135 PORT LOUIS
015 D010135 MAURITUIS
015 E040135 X
015 A000136 CITIBANK MEXICO S.A.
015 B000136 S
015 C010136 MEXICO CITY
015 D010136 MEXICO
015 E040136 X
015 A000137 MEES PIERSON N.V.
015 B000137 S
015 C010137 AMSTERDAM
015 D010137 NETHERLANDS
015 E040137 X
015 A000138 ANZ BANKING GROUP LTD.
015 B000138 S
015 C010138 WELLINGTON
015 D010138 NE ZEALAND
015 E040138 X
<PAGE> PAGE 9
015 A000139 CHRISTIANIA BANK OG KREDITKASSE
015 B000139 S
015 C010139 OSLO
015 D010139 NORWAY
015 E040139 X
015 A000140 DEUTSCHE BANK A.G.
015 B000140 S
015 C010140 KARACHI
015 D010140 PAKISTAN
015 E040140 X
015 A000141 CITIBANK, N.A. LIMA
015 B000141 S
015 C010141 LIMA
015 D010141 PERU
015 E040141 X
015 A000142 STANDARD CHARTERED BANK PLC
015 B000142 S
015 C010142 MANILA
015 D010142 PHILLIPPINES
015 E040142 X
015 A000143 CITIBANK, (POLAND) S.A.
015 B000143 S
015 C010143 WARSAW
015 D010143 POLAND
015 E040143 X
015 A000144 BANCO COMMERCIAL PORTUGUES
015 B000144 S
015 C010144 LISBON
015 D010144 PORTUGAL
015 E040144 X
015 A000145 CREDIT SUISSE
015 B000145 S
015 C010145 MOSCOW
015 D010145 RUSSIA
015 E040145 X
015 A000146 DEVELOPMENT BANK OF SINGAPORE
015 B000146 S
015 C010146 SINGAPORE
015 D010146 SINGAPORE
015 E040146 X
015 A000147 CESKOLOVENSKA OBCHODNA BANKA AS
015 B000147 S
015 C010147 BRATISLAVA
015 D010147 SLOVAK REPUBLIC
015 E040147 X
015 A000148 STANDARD CORPORATE AND MERCHANT BANK
015 B000148 S
015 C010148 JOHANNESBURG
015 D010148 SOUTH AFRICA
015 E040148 X
015 A000149 BANCO SANTANDER
<PAGE> PAGE 10
015 B000149 S
015 C010149 MADRID
015 D010149 SPAIN
015 E040149 X
015 A000150 HONG KONG & SHANGHAI BANKING
015 B000150 S
015 C010150 COLOMBO
015 D010150 SRI LANKA
015 E040150 X
015 A000151 SKANDINAVISKA ENSKILDA BANKEN
015 B000151 S
015 C010151 STOCKHOLM
015 D010151 SWEDEN
015 E040151 X
015 A000152 UNION BANK OF SWITZERLAND
015 B000152 S
015 C010152 ZURICH
015 D010152 SWITZERLAND
015 E040152 X
015 A000153 CITIBANK N.A.
015 B000153 S
015 C010153 ISTANBUL
015 D010153 TURKEY
015 E040153 X
015 A000154 STANDARD CHARTERED BANK
015 B000154 S
015 C010154 BANGKOK
015 D010154 THAILAND
015 E040154 X
015 A000155 CENTRAL TRUST OF CHINA
015 B000155 S
015 C010155 TAIPEI
015 D010155 TAIWAN
015 E040155 X
015 A000156 STATE STREET BANK
015 B000156 S
015 C010156 LONDON, ENGLAND
015 D010156 UNITED KINGDOM
015 E040156 X
015 A000157 CITIBANK N.A.
015 B000157 S
015 C010157 MONTEVIDEO
015 D010157 URUGUAY
015 E040157 X
015 A000158 CITIBANK N.A.
015 B000158 S
015 C010158 CARACAS
015 D010158 VENEZUELA
015 E040158 X
024 000100 N
025 D000101 0
<PAGE> PAGE 11
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 42767
028 A020100 0
028 A030100 0
028 A040100 35643
028 B010100 60213
028 B020100 0
028 B030100 0
028 B040100 48958
028 C010100 30935
028 C020100 2
028 C030100 0
028 C040100 43480
028 D010100 42996
028 D020100 0
028 D030100 0
028 D040100 39762
028 E010100 35363
028 E020100 0
028 E030100 0
028 E040100 25647
028 F010100 30157
028 F020100 3
028 F030100 0
028 F040100 35570
028 G010100 242431
028 G020100 5
028 G030100 0
028 G040100 229060
028 H000100 46897
029 000100 Y
030 A000100 782
030 B000100 5.50
030 C000100 0.00
031 A000100 39
031 B000100 0
032 000100 743
033 000100 0
034 000100 Y
035 000100 67
036 A000100 N
036 B000100 0
042 A000100 0
042 B000100 0
042 C000100 100
<PAGE> PAGE 12
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 327
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 1.000
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 Y
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 500
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
<PAGE> PAGE 13
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 Y
067 000100 N
068 A000100 N
068 B000100 Y
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
070 N010100 Y
070 N020100 N
<PAGE> PAGE 14
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 529279
071 B000100 495121
071 C000100 203757
071 D000100 243
072 A000100 12
072 B000100 450
072 C000100 2889
072 D000100 0
072 E000100 0
072 F000100 2138
072 G000100 185
072 H000100 0
072 I000100 798
072 J000100 127
072 K000100 0
072 L000100 60
072 M000100 6
072 N000100 41
072 O000100 0
072 P000100 0
072 Q000100 96
072 R000100 24
072 S000100 3
072 T000100 327
072 U000100 0
072 V000100 0
072 W000100 1
072 X000100 3806
072 Y000100 0
072 Z000100 -467
072AA000100 15243
072BB000100 0
072CC010100 15949
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 12733
073 A010100 0.0000
073 A020100 0.0000
073 B000100 1.3500
073 C000100 0.0000
074 A000100 4
074 B000100 7705
<PAGE> PAGE 15
074 C000100 0
074 D000100 1915
074 E000100 1680
074 F000100 224604
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 1947
074 K000100 0
074 L000100 1612
074 M000100 0
074 N000100 239467
074 O000100 8640
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 8833
074 S000100 0
074 T000100 221994
074 U010100 8802
074 U020100 1889
074 V010100 19.56
074 V020100 18.89
074 W000100 0.0000
074 X000100 14810
074 Y000100 0
075 A000100 0
075 B000100 213766
076 000100 0.00
015 A000201 STATE STREET BANK AND TRUST COMPANY
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02266
015 C040201 8600
015 E010201 X
015 A000202 PNC BANK, NA
015 B000202 S
015 C010202 PITTSBURGH
015 C020202 PA
015 C030202 15265
015 E010202 X
015 A000203 NATIONSBANK OF NORTH CAROLINA
015 B000203 S
015 C010203 CHARLOTTE
015 C020203 NC
015 C030203 28255
015 E010203 X
015 A000204 MORGAN GUARANTY BANK & TRUST CO.
<PAGE> PAGE 16
015 B000204 S
015 C010204 NEW YORK
015 C020204 NY
015 C030204 10015
015 E010204 X
015 A000205 THE CHASE MANHATTAN CORPORATION
015 B000205 S
015 C010205 NEW YORK
015 C020205 NY
015 C030205 10006
015 E010205 X
015 A000206 BANK OF NEW YORK
015 B000206 S
015 C010206 NEW YORK
015 C020206 NY
015 C030206 10006
015 E010206 X
015 A000207 BANKERS TRUST CO.
015 B000207 S
015 C010207 NEW YORK
015 C020207 NY
015 C030207 10015
015 E010207 X
015 A000208 CITIBANK N.A.
015 B000208 S
015 C010208 ISTANBUL
015 D010208 TURKEY
015 E040208 X
015 A000209 SKANDINAVISKA ENSKILDA BANKEN
015 B000209 S
015 C010209 S-10640 STOCKHOLM
015 D010209 SWEDEN
015 E040209 X
015 A000210 BANCO COMMERCIAL PORTUGUES
015 B000210 S
015 C010210 LISBON
015 D010210 PORTUGAL
015 D020210 1000
015 E040210 X
015 A000211 ANZ BANKING GROUP
015 B000211 S
015 C010211 WELLINGTON
015 D010211 NEW ZEALAND
015 E040211 X
015 A000212 MEES PIERSON N.V.
015 B000212 S
015 C010212 1000 AG AMSTERDAM
015 D010212 NETHERLANDS
015 E040212 X
015 A000213 CHRISTIANIA BANK OF KREDITKASSE
015 B000213 S
<PAGE> PAGE 17
015 C010213 0368 OSLO 3
015 D010213 NORWAY
015 E040213 X
015 A000214 CITIBANK N.A.
015 B000214 S
015 C010214 MEXICO CITY
015 D010214 MEXICO
015 D020214 D.F. 06695
015 E040214 X
015 A000215 STATE STREET BANK & TRUST COMPANY
015 B000215 S
015 C010215 LONDON, ENGLAND
015 D010215 UNITED KINGDOM
015 D020215 E14 5AF
015 E040215 X
015 A000216 SUMITOMO TRUST & BANK CO., LTD.
015 B000216 S
015 C010216 TOKYO
015 D010216 JAPAN
015 E040216 X
015 A000217 MORGAN GUARANTY TRUST CO. OF NY
015 B000217 S
015 C010217 MILAN
015 D010217 ITALY
015 E040217 X
015 A000218 BANK OF IRELAND
015 B000218 S
015 C010218 DUBLIN 1
015 D010218 IRELAND
015 E040218 X
015 A000219 STANDARD CHARTERED BANK
015 B000219 S
015 C010219 HONG KONG
015 D010219 HONG KONG
015 E040219 X
015 A000220 NATIONAL BANK OF GREECE
015 B000220 S
015 C010220 105 59 ATHENS
015 D010220 GREECE
015 E040220 X
015 A000221 BANQUE PARIBAS
015 B000221 S
015 C010221 75078 PARIS
015 D010221 FRANCE
015 E040221 X
015 A000222 MERITA BANK LTD.
015 B000222 S
015 C010222 HELSINKI
015 D010222 FINLAND
015 E040222 X
015 A000223 BANCO SANTANDER
<PAGE> PAGE 18
015 B000223 S
015 C010223 28022 MADRID
015 D010223 SPAIN
015 E040223 X
015 A000224 DEN DANSKE BANK
015 B000224 S
015 C010224 DK-1092 COPENHAGEN
015 D010224 DENMARK
015 E040224 X
015 A000225 UNION BANK OF SWITZERLAND
015 B000225 S
015 C010225 8021 ZURICH
015 D010225 SWITZERLAND
015 E040225 X
015 A000226 DRESDNER BANK AG
015 B000226 S
015 C010226 FRANKFURT
015 D010226 GERMANY
015 E040226 X
015 A000227 CANADA TRUST COMPANY
015 B000227 S
015 C010227 TORONTO, ONTARIO
015 D010227 CANADA
015 D020227 M5J 2T2
015 E040227 X
015 A000228 GENERALE DE BANQUE
015 B000228 S
015 C010228 BRUSSELS
015 D010228 BELGIUM
015 E040228 X
015 A000229 GIROCREDIT BANK AKTIENGELLSCHAFT DER SPARKASN
015 B000229 S
015 C010229 VIENNA
015 D010229 AUSTRIA
015 E040229 X
015 A000230 WESTPAC CUSTODIAN NOMINEE LTD
015 B000230 S
015 C010230 SIDNEY
015 D010230 AUSTRALIA
015 D020230 2000
015 E040230 X
015 A000231 DEVELOPMENT BANK OF SINGAPORE LTD.
015 B000231 S
015 C010231 SINGAPORE
015 D010231 SINGAPORE
015 E040231 X
024 000200 N
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
<PAGE> PAGE 19
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 2796
028 A020200 613
028 A030200 0
028 A040200 6943
028 B010200 4250
028 B020200 0
028 B030200 0
028 B040200 7935
028 C010200 1977
028 C020200 0
028 C030200 0
028 C040200 3778
028 D010200 3273
028 D020200 475
028 D030200 0
028 D040200 11372
028 E010200 1839
028 E020200 0
028 E030200 0
028 E040200 7311
028 F010200 4484
028 F020200 0
028 F030200 0
028 F040200 8049
028 G010200 18619
028 G020200 1088
028 G030200 0
028 G040200 45389
028 H000200 14217
029 000200 Y
030 A000200 102
030 B000200 4.50
030 C000200 0.00
031 A000200 1
031 B000200 0
032 000200 101
033 000200 0
034 000200 Y
035 000200 32
036 A000200 N
036 B000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
<PAGE> PAGE 20
042 G000200 0
042 H000200 0
043 000200 534
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.750
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
058 A000200 N
059 000200 Y
060 A000200 N
060 B000200 N
061 000200 500
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 6.9
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
<PAGE> PAGE 21
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 90.6
062 R000200 0.0
063 A000200 0
063 B000200 6.9
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 Y
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 Y
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
<PAGE> PAGE 22
070 R010200 Y
070 R020200 N
071 A000200 62241
071 B000200 114301
071 C000200 166351
071 D000200 37
072 A000200 12
072 B000200 11102
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 1307
072 G000200 185
072 H000200 0
072 I000200 531
072 J000200 90
072 K000200 0
072 L000200 26
072 M000200 5
072 N000200 35
072 O000200 0
072 P000200 0
072 Q000200 78
072 R000200 23
072 S000200 8
072 T000200 534
072 U000200 0
072 V000200 0
072 W000200 14
072 X000200 2836
072 Y000200 377
072 Z000200 8643
072AA000200 235
072BB000200 0
072CC010200 7249
072CC020200 0
072DD010200 7235
072DD020200 470
072EE000200 0
073 A010200 0.4800
073 A020200 0.4000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 277
074 B000200 10880
074 C000200 0
074 D000200 143570
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
<PAGE> PAGE 23
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 3864
074 M000200 0
074 N000200 158591
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 196
074 S000200 0
074 T000200 158395
074 U010200 12354
074 U020200 1177
074 V010200 11.22
074 V020200 11.19
074 W000200 0.0000
074 X000200 2503
074 Y000200 0
075 A000200 0
075 B000200 183330
076 000200 0.00
SIGNATURE STEVE KEANE
TITLE GENERAL COUSEL
FT SERIES, INC.
Amendment No. 1
BYLAWS
THESE Bylaws are amended as follows:
Delete Section 2 of Article I and substitute in its place the
following:
"Section 2. SPECIAL MEETINGS. Special Meetings of
Shareholders of the Company or of a particular Series or Class may
be called by the Chairman, or by the Board of Directors; and shall
be called by the Secretary whenever ordered by the Chairman, any
Director, as requested in writing by shareholders entitled to cast at
least 25% of the voter shares, or holders of shares entitled to cast
not less than 10% of the votes at the meeting. Such request shall
state the purpose of such meeting and the matters proposed to be
enacted threat, and no other business shall be transacted at any
such special meeting. The Secretary shall inform such shareholders
of the reasonable costs of preparing and mailing the notice of the
meeting, and upon payment to the Corporation of such costs, the
Secretary shall give not less than ten on or more than 90 days
notice of the meeting. Unless requested by Shareholders entitled to
cast a majority of all the votes entitled to be cast as the meeting, a
special meeting need not be called to consider any matter which is
substantially the same as a matter voted on at a special meeting of
the Shareholders held during the preceding 12 months."
INTERNATIONAL SERIES, INC.
(formerly: FT Series, Inc.)
Amendment #2
to the By-Laws
(effective February 23, 1998)
Delete Sections 1, 2, 3, 4 & 5 from Article IV, OFFICERS, and replace
with the
following:
Section 1. GENERAL PROVISIONS. The Officers of the
Corporation shall be a President, one or more Vice Presidents, a
Treasurer, and a Secretary. The Board of Directors, in its
discretion, may elect or appoint a Chairman of the Board of
Directors and other Officers or agents, including one or more
Assistant Vice Presidents, one or more Assistant Secretaries, and
one or more Assistant Treasurers. A Vice President, the Secretary
or the Treasurer may appoint an Assistant Vice President, an
Assistant Secretary or an Assistant Treasurer, respectively, to serve
until the next election of Officers. Two or more offices may be held
by a single person except the offices of President and Vice
President may not be held by the same person concurrently. It
shall not be necessary for any Director or any Officer to be a holder
of shares in any Series or Class of the Corporation.
Section 2. ELECTION, TERM OF OFFICE AND
QUALIFICATIONS. The Officers shall be elected annually by the
Board of Directors at its Annual Meeting. Each Officer shall hold
office for one year and until the election and qualification of his
successor, or until earlier resignation or removal. The Chairman of
the Board of Directors, if there is one, shall be elected annually by
and from the Directors, and serve until a successor is so elected and
qualified, or until earlier resignation or removal.
Section 3. REMOVAL. Any Officer elected by the Board of
Directors or whose appointment has been ratified by the Board of
Directors may be removed with or without cause at any time by a
majority vote of all of the Directors. Any other employee of the
Corporation may be removed or dismissed at any time by the
President.
Section 4. RESIGNATIONS. Any Officer may resign at any time
by giving written notice to the Board of Directors. Any such
resignation shall take effect at the time specified therein or, if no
time is specified, at the time of receipt. Unless otherwise specified ,
the acceptance of such resignation shall not be necessary to make it
effective.
Section 5. VACANCIES. Any vacancy in any of the offices,
whether by resignation, removal or otherwise, may be filled for the
unexpired portion of the term by the President. A vacancy in the
office of Assistant Vice President may be filled by a Vice President;
in the office of by the Secretary; or in the office of Assistant
Treasurer by the Treasurer. Any appointment to fill any vacancy
shall serve subject to ratification by the Board of Directors at its
next Regular Meeting.
International Series, Inc.
Amendment #3
to the By-Laws
(effective February 27, 1998)
Delete Section 7 Proxies of Article I, Meetings of Shareholders, and
replace with
the following:
Section 7. PROXIES. Any Shareholder entitled to vote at any
meeting of Shareholders may vote either in person or by proxy, but
no proxy which is dated more than eleven months before the
meeting named therein shall be accepted unless otherwise
provided in the proxy. Every proxy shall be in writing and signed
by the Shareholder or his duly authorized agent or be in such other
form as may be permitted by the Maryland General Corporation
Law, including electronic transmissions from the shareholder or
his authorized agent. Authorization may be given orally, in
writing, by telephone, or by other means of communication. A
copy, facsimile transmission or other reproduction of the writing or
transmission may be substituted for the original writing or
transmission for any purpose for which the original transmission
could be used. Every proxy shall be dated, but need not be sealed,
witnessed or acknowledged. Where Shares are held of record by
more than one person, any co-owner or co-fiduciary may appoint a
proxy holder, unless the Secretary of the Corporation is notified in
writing by any co-owner or co-fiduciary that the joinder of more
than one is to be required. All proxies shall be filed with and
verified by the Secretary or an Assistant Secretary of the
Corporation, or the person acting as Secretary of the Meeting.
Unless otherwise specifically limited by their term, all proxies shall
entitle the holders thereof to vote at any adjournment of such
meeting but shall not be valid after the final adjournment of such
meeting.
International Series, Inc.
Amendment #4
to the By-Laws
(effective May 12, 1998)
Strike Section 3 - Place of Meetings from Article I - Meeting of
Shareholder and
replace it with the following:
Section 3. PLACE OF MEETINGS. All meetings of the
Shareholders of the Corporation or a particular Series or Class,
shall be held at such place within or without the State of Maryland
as may be fixed by the Board of Directors.
REPORT OF INDEPENDENT PUBLIC ACCOUNTANTS
To the Board of Trustees of
FEDERATED INTERNATIONAL SERIES, INC.:
In planning and performing our audit of the financial statements of
Federated
International Series, Inc. (a Massachusetts business trust consisting of
Federated International Equity Fund and Federated International Income
Fund)
for the year ended November 30, 1998, we considered its internal control
structure, including control activities for safeguarding securities, in
order
to determine our auditing procedures for the purpose of expressing our
opinion
on the financial statements and to comply with the requirements of Form
N-SAR,
not to provide assurance on internal control.
The management of Federated International Series, Inc. is responsible
for
establishing and maintaining internal control. In fulfilling this
responsibility, estimates and judgments by management are required to
assess
the expected benefits and related costs of controls. Generally,
controls that
are relevant to an audit pertain to the entity's objective of preparing
financial statements for external purposes that are fairly presented in
conformity with generally accepted accounting principles. Those control
activities include the safeguarding of assets against unauthorized
acquisition, use or disposition.
Because of inherent limitations in internal control, errors or fraud may
occur
and not be detected. Also, projection of any evaluation of internal
control
to future periods is subject to the risk that it may become inadequate
because
of changes in conditions or that the effectiveness of the design and
operation
may deteriorate.
Our consideration of internal control would not necessarily disclose all
matters in internal control that might be material weaknesses under
standards
established by the American Institute of Certified Public Accountants.
A
material weakness is a condition in which the design or operation of one
or
more internal control components does not reduce to a relatively low
level the
risk that misstatements caused by error or fraud in amounts that would
be
material in relation to the financial statements being audited may occur
and
not be detected within a timely period by employees in the normal course
of
performing their assigned functions. However, we noted no matters
involving
internal control and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above
as of
November 30, 1998.
This report is intended solely for the information and use of
management, and
Board of Trustees of Federated International Series, Inc., and the
Securities
and Exchange Commission.
ARTHUR ANDERSEN LLP
Boston, Massachusetts
January 26, 1999
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 023
<NAME> Federated International Income Fund Class C Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 157,178,816
<INVESTMENTS-AT-VALUE> 154,450,087
<RECEIVABLES> 3,864,262
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 277,180
<TOTAL-ASSETS> 158,591,529
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 196,026
<TOTAL-LIABILITIES> 196,026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,812,882
<SHARES-COMMON-STOCK> 594,137
<SHARES-COMMON-PRIOR> 779,440
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2,437,667)
<ACCUMULATED-NET-GAINS> (7,285,009)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,694,702)
<NET-ASSETS> 6,654,242
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,102,073
<OTHER-INCOME> 0
<EXPENSES-NET> (2,458,793)
<NET-INVESTMENT-INCOME> 8,643,280
<REALIZED-GAINS-CURRENT> 234,909
<APPREC-INCREASE-CURRENT> 7,248,956
<NET-CHANGE-FROM-OPS> 16,127,145
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (279,458)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 153,899
<NUMBER-OF-SHARES-REDEEMED> (358,323)
<SHARES-REINVESTED> 19,121
<NET-CHANGE-IN-ASSETS> (42,824,990)
<ACCUMULATED-NII-PRIOR> 1,879,156
<ACCUMULATED-GAINS-PRIOR> (12,496,276)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,307,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,836,000
<AVERAGE-NET-ASSETS> 7,252,645
<PER-SHARE-NAV-BEGIN> 10.630
<PER-SHARE-NII> 0.460
<PER-SHARE-GAIN-APPREC> 0.510
<PER-SHARE-DIVIDEND> (0.400)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.200
<EXPENSE-RATIO> 2.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 021
<NAME> Federated International Income Fund Class A Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 157,178,816
<INVESTMENTS-AT-VALUE> 154,450,087
<RECEIVABLES> 3,864,262
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 277,180
<TOTAL-ASSETS> 158,591,529
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 196,026
<TOTAL-LIABILITIES> 196,026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,812,882
<SHARES-COMMON-STOCK> 12,353,533
<SHARES-COMMON-PRIOR> 16,943,417
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2,437,667)
<ACCUMULATED-NET-GAINS> (7,285,009)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,694,702)
<NET-ASSETS> 138,567,297
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,102,073
<OTHER-INCOME> 0
<EXPENSES-NET> (2,458,793)
<NET-INVESTMENT-INCOME> 8,643,280
<REALIZED-GAINS-CURRENT> 234,909
<APPREC-INCREASE-CURRENT> 7,248,956
<NET-CHANGE-FROM-OPS> 16,127,145
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,234,725)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,595,435
<NUMBER-OF-SHARES-REDEEMED> (9,378,472)
<SHARES-REINVESTED> 193,153
<NET-CHANGE-IN-ASSETS> (42,824,990)
<ACCUMULATED-NII-PRIOR> 1,879,156
<ACCUMULATED-GAINS-PRIOR> (12,496,276)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,307,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,836,000
<AVERAGE-NET-ASSETS> 154,515,957
<PER-SHARE-NAV-BEGIN> 10.650
<PER-SHARE-NII> 0.540
<PER-SHARE-GAIN-APPREC> 0.510
<PER-SHARE-DIVIDEND> (0.480)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.220
<EXPENSE-RATIO> 1.33
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 022
<NAME> Federated Internaional Income Fund Class B Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 157,178,816
<INVESTMENTS-AT-VALUE> 154,450,087
<RECEIVABLES> 3,864,262
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 277,180
<TOTAL-ASSETS> 158,591,529
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 196,026
<TOTAL-LIABILITIES> 196,026
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,812,882
<SHARES-COMMON-STOCK> 1,177,165
<SHARES-COMMON-PRIOR> 1,178,482
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2,437,667)
<ACCUMULATED-NET-GAINS> (7,285,009)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,694,702)
<NET-ASSETS> 13,173,964
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 11,102,073
<OTHER-INCOME> 0
<EXPENSES-NET> (2,458,793)
<NET-INVESTMENT-INCOME> 8,643,280
<REALIZED-GAINS-CURRENT> 234,909
<APPREC-INCREASE-CURRENT> 7,248,956
<NET-CHANGE-FROM-OPS> 16,127,145
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (469,562)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 285,642
<NUMBER-OF-SHARES-REDEEMED> (317,928)
<SHARES-REINVESTED> 30,969
<NET-CHANGE-IN-ASSETS> (42,824,990)
<ACCUMULATED-NII-PRIOR> 1,879,156
<ACCUMULATED-GAINS-PRIOR> (12,496,276)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,307,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,837,000
<AVERAGE-NET-ASSETS> 12,441,054
<PER-SHARE-NAV-BEGIN> 10.620
<PER-SHARE-NII> 0.460
<PER-SHARE-GAIN-APPREC> 0.510
<PER-SHARE-DIVIDEND> (0.400)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.190
<EXPENSE-RATIO> 2.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 011
<NAME> Federated International Equity Fund Class A Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 200,549,554
<INVESTMENTS-AT-VALUE> 235,904,785
<RECEIVABLES> 3,558,795
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,582
<TOTAL-ASSETS> 239,467,162
<PAYABLE-FOR-SECURITIES> 8,639,701
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,833,470
<TOTAL-LIABILITIES> 17,473,171
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,221,452
<SHARES-COMMON-STOCK> 8,802,185
<SHARES-COMMON-PRIOR> 7,521,487
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (277,635)
<ACCUMULATED-NET-GAINS> 16,616,129
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35,434,045
<NET-ASSETS> 172,160,015
<DIVIDEND-INCOME> 2,888,652
<INTEREST-INCOME> 450,076
<OTHER-INCOME> 0
<EXPENSES-NET> (3,806,340)
<NET-INVESTMENT-INCOME> (467,612)
<REALIZED-GAINS-CURRENT> 15,242,814
<APPREC-INCREASE-CURRENT> 15,948,792
<NET-CHANGE-FROM-OPS> 30,723,994
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (10,030,621)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19,112,297
<NUMBER-OF-SHARES-REDEEMED> (18,302,055)
<SHARES-REINVESTED> 470,456
<NET-CHANGE-IN-ASSETS> 54,665,797
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,680,273
<OVERDISTRIB-NII-PRIOR> (1,809,893)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,138,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,806,000
<AVERAGE-NET-ASSETS> 170,049,544
<PER-SHARE-NAV-BEGIN> 17.930
<PER-SHARE-NII> (0.010)
<PER-SHARE-GAIN-APPREC> 2.990
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (1.350)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 19.560
<EXPENSE-RATIO> 1.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 012
<NAME> Federated International Equity Fund Class B Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 200,549,554
<INVESTMENTS-AT-VALUE> 235,904,785
<RECEIVABLES> 3,558,795
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,582
<TOTAL-ASSETS> 239,467,162
<PAYABLE-FOR-SECURITIES> 8,639,701
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,833,470
<TOTAL-LIABILITIES> 17,473,171
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,221,452
<SHARES-COMMON-STOCK> 1,889,456
<SHARES-COMMON-PRIOR> 1,351,711
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (277,635)
<ACCUMULATED-NET-GAINS> 16,616,129
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35,434,045
<NET-ASSETS> 35,689,087
<DIVIDEND-INCOME> 2,888,652
<INTEREST-INCOME> 450,076
<OTHER-INCOME> 0
<EXPENSES-NET> (3,806,340)
<NET-INVESTMENT-INCOME> (467,612)
<REALIZED-GAINS-CURRENT> 15,242,814
<APPREC-INCREASE-CURRENT> 15,948,792
<NET-CHANGE-FROM-OPS> 30,723,994
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,891,979)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,517,731
<NUMBER-OF-SHARES-REDEEMED> (1,087,709)
<SHARES-REINVESTED> 107,723
<NET-CHANGE-IN-ASSETS> 54,665,797
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,680,273
<OVERDISTRIB-NII-PRIOR> (1,809,893)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,138,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,806,000
<AVERAGE-NET-ASSETS> 31,193,742
<PER-SHARE-NAV-BEGIN> 17.480
<PER-SHARE-NII> (0.160)
<PER-SHARE-GAIN-APPREC> 2.920
<PER-SHARE-DIVIDEND>
<PER-SHARE-DISTRIBUTIONS> (1.350)
<RETURNS-OF-CAPITAL>
<PER-SHARE-NAV-END> 18.890
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK>
<NAME> International Series, Inc.
<SERIES>
<NUMBER> 013
<NAME> Federated International Equity Fund Class C Shares
<S> <C>
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Nov-30-1998
<PERIOD-END> Nov-30-1998
<INVESTMENTS-AT-COST> 200,549,554
<INVESTMENTS-AT-VALUE> 235,904,785
<RECEIVABLES> 3,558,795
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 3,582
<TOTAL-ASSETS> 239,467,162
<PAYABLE-FOR-SECURITIES> 8,639,701
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8,833,470
<TOTAL-LIABILITIES> 17,473,171
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 170,221,452
<SHARES-COMMON-STOCK> 758,006
<SHARES-COMMON-PRIOR> 511,624
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (277,635)
<ACCUMULATED-NET-GAINS> 16,616,129
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35,434,045
<NET-ASSETS> 14,144,889
<DIVIDEND-INCOME> 2,888,652
<INTEREST-INCOME> 450,076
<OTHER-INCOME> 0
<EXPENSES-NET> (3,806,340)
<NET-INVESTMENT-INCOME> (467,612)
<REALIZED-GAINS-CURRENT> 15,242,814
<APPREC-INCREASE-CURRENT> 15,948,792
<NET-CHANGE-FROM-OPS> 30,723,994
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (810,275)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,120,914
<NUMBER-OF-SHARES-REDEEMED> (918,179)
<SHARES-REINVESTED> 43,647
<NET-CHANGE-IN-ASSETS> 54,665,797
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 12,680,273
<OVERDISTRIB-NII-PRIOR> (1,809,893)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2,138,000
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,806,000
<AVERAGE-NET-ASSETS> 12,522,821
<PER-SHARE-NAV-BEGIN> 17.280
<PER-SHARE-NII> (0.160)
<PER-SHARE-GAIN-APPREC> 2.890
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> (1.350)
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 18.660
<EXPENSE-RATIO> 2.38
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
