VIA EDGAR
March 2, 1994
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Putnam Federal Income Trust (Reg. No. 33-3903) (811-4617)
(the "Fund")
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as
amended, the undersigned hereby certifies on behalf of the Fund
that the form of Prospectus and Statement of Additional
Information that would have been filed on behalf of the Fund
pursuant to Rule 497(c) upon the effectiveness of Post-Effective
Amendment No. 10 to the Fund's Registration Statement on Form
N-1A (the "Amendment") would not have differed from that
contained in the Amendment, which is the most recent amendment to
such Registration Statement and was filed electronically on
February 24, 1994.
Comments or questions concerning this certificate may be
directed to Steven E. Asher at 1-617-292-1159.
Very truly yours,
Putnam Federal Income Trust
/s/ Gordon H. Silver
By: ----------------------------------
Gordon H. Silver
Vice President
cc: Bryan Chegwidden, Esq.