We consent to the incorporation by
reference in this Post-Effective Amendment No. 21 to Registration Statement No.
33-14190 of Merrill Lynch Funds For Institutions Series of our report dated May
26, 2000 appearing in the annual report to shareholders of Merrill Lynch Funds
For Institutions Series, consisting of Merrill Lynch Premier Institutional
Fund, Merrill Lynch Institutional Fund, Merrill Lynch Rated Institutional Fund,
Merrill Lynch Government Fund, Merrill Lynch Treasury Fund, and Merrill Lynch
Institutional Tax-Exempt Fund (each a separate series of Merrill Lynch Funds
For Institutions Series) for the year ended April 30, 2000, and to the
reference to us under the caption Financial Highlights in the
Prospectus, which is a part of such Registration Statement. |