RURAL ELECTRIC COOPERATIVE GRANTOR TRUST SOYLAND 1987 A-5
15-15D, 1997-04-21
ASSET-BACKED SECURITIES
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		    SECURITIES AND EXCHANGE COMMISSION
			 Washington, D.C. 20549
 
				 FORM 15

Certification and Notice of Termination of Registration under Section 12(g)
of the Securities Exchange Act of 1934 or Suspension of Duty to File Reports 
Under Sections 13 and 15(d) of the Securities Exchange Act of 1934.

		     Commission File Number 33-14490

	Rural Electric Cooperative Grantor Trust (Soyland)1987-A5 
	  (Exact name of registrant as specified in its charter)

	       2201 Cooperative Way, Herndon, VA 20171-3025
   (Registrant's telephone number, including area code, is 703-709-6700)

	   Grantor Trust Certificates (Soyland) Series 1987-A5
	(Title of each class of securities covered by this Form)


  _________________________________None__________________________________
     (Titles of all other classes of securities for which a duty to file 
	     reports under section 13(a) or 15(d) remains)

	Please place an X in the box(es) to designate the appropriate 
	rule provisions(s) relied upon to terminate or suspend the duty 
	to file reports:

	Rule 12g-4(a)(1)(i)     [ ]     Rule 12h-3(b)(1)(ii)    [ ]
	Rule 12g-4(a)(1)(ii)    [ ]     Rule 12h-3(b)(2)(i)     [ ]
	Rule 12g-4(a)(2)(i)     [ ]     Rule 12h-3(b)(2)(ii)    [ ]
	Rule 12g-4(a)(2)(ii)    [ ]     Rule 15d-6      [x]
	Rule 12h-3(b)(1)(i)     [ ]     

	Approximate number of holders of record as of the certification 
	or notice date: one

	Pursuant to the requirements of the Securities Exchange Act of 1934,
	Rural Electric Cooperative Grantor Trust (Soyland) 1987-A5 has caused
	this certification/notice to be signed on its behalf by the 
	undersigned duly authorized person.

			      By:  National Rural Utilities Cooperative
			      Finance Corporation, As Servicer


DATE:   April 21, 1997        By: /s/ Steven Slepian
				  Acting Chief Financial Officer



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