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MERRILL LYNCH FEDERAL SECURITIES TRUST
December 27, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Attention: Division of Investment Management
Re: Merrill Lynch Federal Securities Trust
Post-Effective Amendment No. 13 to the Registration
Statement on Form N-1A (Securities Act File
No. 2-92366; Investment Company Act File No. 811-4077)
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Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended
(the "1933 Act"), Merrill Lynch Federal Securities Trust (the "Trust") hereby
certifies that:
(1) the form of prospectus and statement of additional
information that would have been filed pursuant to Rule
497(c) under the 1933 Act would not have differed from
that contained in Post-Effective Amendment No. 13 to the
Trust's Registration Statement on Form N-1A,
constituting the most recent amendment to the Trust's
Registration Statement on Form N-1A; and
(2) the text of Post-Effective Amendment No. 13 to the
Trust's Registration Statement on Form N-1A was filed
electronically with the Securities and Exchange
Commission on December 20, 1996.
Very truly yours,
MERRILL LYNCH FEDERAL
SECURITIES TRUST
By: /s/ Ira P. Shapiro
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Authorized Officer