<PAGE> PAGE 1
000 B000000 04/30/98
000 C000000 0000858463
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 A
001 A000000 FEDERATED GOVERNMENT TRUST
001 B000000 811-5981
001 C000000 4122888515
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 3
007 C010100 1
007 C020100 AUTOMATED GOVERNMENT CASH RESERVES
007 C030100 N
007 C010200 2
007 C020200 U.S. TREASURY CASH RESERVES
007 C030200 N
007 C010300 3
007 C020300 AUTOMATED TREASURY CASH RESERVES
007 C030300 N
008 A00AA01 FEDERATED MANAGEMENT
008 B00AA01 A
008 C00AA01 801-34610
008 D01AA01 PITTSBURGH
008 D02AA01 PA
008 D03AA01 15222
008 D04AA01 3779
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
<PAGE> PAGE 2
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 HSBC SECURITIES, INC.
022 B000001 13-2650272
022 C000001 5847989
022 D000001 0
022 A000002 MERRILL LYNCH, PIERCE, FENNER
022 B000002 13-5674085
022 C000002 3377700
022 D000002 1208775
022 A000003 BARCLAYS DEZOETE WEDD SEC
022 B000003 13-4942190
022 C000003 3434492
022 D000003 1098365
022 A000004 MORGAN GUARANTY TRUST CO. OF NEW YORK
022 B000004 13-5123346
022 C000004 2705973
022 D000004 788413
022 A000005 FUJI GOVERNMENT SECURITIES, INC.
022 C000005 1824415
022 D000005 1315541
022 A000006 MORGAN, J.P. SECURITIES
022 B000006 13-3224016
022 C000006 2206607
022 D000006 628912
022 A000007 DLJ CAPITAL MARKETS
022 C000007 1518101
022 D000007 804714
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2518466
<PAGE> PAGE 3
022 C000008 801987
022 D000008 200629
022 A000009 CHASE MANHATTAN BANK N.A.
022 B000009 13-2633612
022 C000009 699448
022 D000009 49950
022 A000010 PAINE WEBBER INC.
022 B000010 13-2638166
022 C000010 528116
022 D000010 145032
023 C000000 26413685
023 D000000 6763412
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
<PAGE> PAGE 4
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
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 Y
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 25000
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 TRAVELERS CASUALTY AND SURETY COMP OF AMERICA
080 C00AA00 85
081 A00AA00 Y
081 B00AA00 285
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
<PAGE> PAGE 5
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 190823
028 A020100 690
028 A030100 0
028 A040100 237593
028 B010100 363577
028 B020100 714
028 B030100 0
028 B040100 247300
028 C010100 188786
028 C020100 748
028 C030100 0
028 C040100 244746
028 D010100 248620
028 D020100 715
028 D030100 0
028 D040100 242736
028 E010100 245206
028 E020100 744
028 E030100 0
028 E040100 282827
028 F010100 323478
028 F020100 1499
028 F030100 0
028 F040100 311417
028 G010100 1560490
028 G020100 5110
028 G030100 0
028 G040100 1566619
028 H000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 N
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.500
048 A010100 0
<PAGE> PAGE 6
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
062 A000100 Y
062 B000100 0.0
062 C000100 102.5
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
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 47
063 B000100 0.0
064 A000100 N
064 B000100 N
070 A010100 N
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
<PAGE> PAGE 7
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 36111
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 3250
072 G000100 490
072 H000100 0
072 I000100 46
072 J000100 40
072 K000100 0
072 L000100 9
072 M000100 9
072 N000100 30
072 O000100 0
072 P000100 0
072 Q000100 117
072 R000100 13
072 S000100 4
<PAGE> PAGE 8
072 T000100 1625
072 U000100 0
072 V000100 0
072 W000100 9
072 X000100 5642
072 Y000100 1779
072 Z000100 32248
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 32248
072DD020100 0
072EE000100 0
073 A010100 0.0500
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1041
074 B000100 0
074 C000100 678642
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 1611
074 M000100 0
074 N000100 681294
074 O000100 16389
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 2705
074 S000100 0
074 T000100 662200
074 U010100 662200
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0000
074 X000100 723
074 Y000100 0
075 A000100 649741
075 B000100 0
076 000100 0.00
<PAGE> PAGE 9
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 BANKERS TRUST CO.
015 B000202 S
015 C010202 NEW YORK
015 C020202 NY
015 C030202 10015
015 E010202 X
015 A000203 BANK OF NEW YORK
015 B000203 S
015 C010203 NEW YORK
015 C020203 NY
015 C030203 10006
015 E010203 X
015 A000204 THE CHASE MANHATTAN CORPORATION
015 B000204 S
015 C010204 NEW YORK
015 C020204 NY
015 C030204 10006
015 E010204 X
015 A000205 MORGAN GUARANTY BANK & TRUST CO.
015 B000205 S
015 C010205 NEW YORK
015 C020205 NY
015 C030205 10015
015 E010205 X
015 A000206 NATIONSBANK OF NORTH CAROLINA
015 B000206 S
015 C010206 CHARLOTTE
015 C020206 NC
015 C030206 28255
015 E010206 X
015 A000207 PNC BANK, NA
015 B000207 S
015 C010207 PITTSBURGH
015 C020207 PA
015 C030207 15265
015 E010207 X
028 A010200 581502
028 A020200 790
028 A030200 0
028 A040200 561842
028 B010200 620928
028 B020200 831
028 B030200 0
028 B040200 591189
<PAGE> PAGE 10
028 C010200 615061
028 C020200 778
028 C030200 0
028 C040200 560276
028 D010200 545583
028 D020200 841
028 D030200 0
028 D040200 554340
028 E010200 579206
028 E020200 742
028 E030200 0
028 E040200 528688
028 F010200 613360
028 F020200 1642
028 F030200 0
028 F040200 620405
028 G010200 3555640
028 G020200 5624
028 G030200 0
028 G040200 3416740
028 H000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 N
041 000200 N
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.400
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
<PAGE> PAGE 11
048 K020200 0.000
062 A000200 Y
062 B000200 98.4
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
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 0.0
062 R000200 0.0
063 A000200 56
063 B000200 0.0
064 A000200 N
064 B000200 N
070 A010200 N
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
<PAGE> PAGE 12
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 94195
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 7087
072 G000200 1337
072 H000200 0
072 I000200 226
072 J000200 108
072 K000200 0
072 L000200 18
072 M000200 17
072 N000200 123
072 O000200 0
072 P000200 0
072 Q000200 164
072 R000200 13
072 S000200 7
072 T000200 4430
072 U000200 0
072 V000200 0
072 W000200 15
072 X000200 13545
072 Y000200 8622
072 Z000200 89272
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 63940
072DD020200 25332
072EE000200 0
073 A010200 0.0500
073 A020200 0.0500
073 B000200 0.0000
073 C000200 0.0000
074 A000200 5791
074 B000200 0
<PAGE> PAGE 13
074 C000200 1898130
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 34505
074 M000200 0
074 N000200 1938426
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 10195
074 S000200 0
074 T000200 1928231
074 U010200 1256710
074 U020200 671521
074 V010200 1.00
074 V020200 1.00
074 W000200 1.0002
074 X000200 3793
074 Y000200 0
075 A000200 1771901
075 B000200 0
076 000200 0.00
015 A000301 STATE STREET BANK AND TRUST COMPANY
015 B000301 C
015 C010301 BOSTON
015 C020301 MA
015 C030301 02266
015 C040301 8600
015 E010301 X
015 A000302 PNC BANK, NA
015 B000302 S
015 C010302 PITTSBURGH
015 C020302 PA
015 C030302 15265
015 E010302 X
015 A000303 NATIONSBANK OF NORTH CAROLINA
015 B000303 S
015 C010303 CHARLOTTE
015 C020303 NC
015 C030303 28255
015 E010303 X
015 A000304 MORGAN GUARANTY BANK & TRUST CO.
<PAGE> PAGE 14
015 B000304 S
015 C010304 NEW YORK
015 C020304 NY
015 C030304 10015
015 E010304 X
015 A000305 THE CHASE MANHATTAN CORPORATION
015 B000305 S
015 C010305 NEW YORK
015 C020305 NY
015 C030305 10006
015 E010305 X
015 A000306 BANK OF NEW YORK
015 B000306 S
015 C010306 NEW YORK
015 C020306 NY
015 C030306 10006
015 E010306 X
015 A000307 BANKERS TRUST CO.
015 B000307 S
015 C010307 NEW YORK
015 C020307 NY
015 C030307 10015
015 E010307 X
028 A010300 60633
028 A020300 296
028 A030300 0
028 A040300 68971
028 B010300 113191
028 B020300 320
028 B030300 0
028 B040300 60723
028 C010300 84586
028 C020300 385
028 C030300 0
028 C040300 103324
028 D010300 64765
028 D020300 417
028 D030300 0
028 D040300 74026
028 E010300 101938
028 E020300 382
028 E030300 0
028 E040300 84795
028 F010300 57398
028 F020300 855
028 F030300 0
028 F040300 66784
028 G010300 482511
028 G020300 2655
028 G030300 0
028 G040300 458623
<PAGE> PAGE 15
028 H000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 N
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.500
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 Y
062 B000300 99.1
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 54
063 B000300 0.0
<PAGE> PAGE 16
064 A000300 N
064 B000300 N
070 A010300 N
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 N
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 15508
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 1465
072 G000300 221
072 H000300 0
072 I000300 19
<PAGE> PAGE 17
072 J000300 17
072 K000300 0
072 L000300 9
072 M000300 6
072 N000300 25
072 O000300 0
072 P000300 0
072 Q000300 87
072 R000300 13
072 S000300 5
072 T000300 732
072 U000300 0
072 V000300 0
072 W000300 6
072 X000300 2605
072 Y000300 876
072 Z000300 13779
072AA000300 0
072BB000300 0
072CC010300 0
072CC020300 0
072DD010300 13779
072DD020300 0
072EE000300 0
073 A010300 0.0500
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 0
074 B000300 0
074 C000300 326877
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 5985
074 M000300 0
074 N000300 332862
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 2956
074 S000300 0
074 T000300 329906
<PAGE> PAGE 18
074 U010300 329906
074 U020300 0
074 V010300 1.00
074 V020300 0.00
074 W000300 1.0000
074 X000300 436
074 Y000300 0
075 A000300 292774
075 B000300 0
076 000300 0.00
SIGNATURE S. ELLIOTT COHEN
TITLE ASST.GEN. COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> AUTOMATED GOVERNMENT CASH RESERVES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 678642045
<INVESTMENTS-AT-VALUE> 678642045
<RECEIVABLES> 1610967
<ASSETS-OTHER> 1041389
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 681294401
<PAYABLE-FOR-SECURITIES> 16389303
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2705049
<TOTAL-LIABILITIES> 19094352
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 662200049
<SHARES-COMMON-STOCK> 662200049
<SHARES-COMMON-PRIOR> 663071035
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 662200049
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 36111321
<OTHER-INCOME> 0
<EXPENSES-NET> 3863036
<NET-INVESTMENT-INCOME> 32248285
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 32248285
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 32248285
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2683714972
<NUMBER-OF-SHARES-REDEEMED> 2692041423
<SHARES-REINVESTED> 7455465
<NET-CHANGE-IN-ASSETS> 0
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3249526
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5642170
<AVERAGE-NET-ASSETS> 649740660
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.050
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 003
<NAME> AUTOMATED TREASURY CASH RESERVE
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 326877434
<INVESTMENTS-AT-VALUE> 326877434
<RECEIVABLES> 5984954
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 332862388
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2956125
<TOTAL-LIABILITIES> 2956125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 329906263
<SHARES-COMMON-STOCK> 329906263
<SHARES-COMMON-PRIOR> 289526067
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 329906263
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 15507787
<OTHER-INCOME> 0
<EXPENSES-NET> 1728531
<NET-INVESTMENT-INCOME> 13779256
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 13779256
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 13779256
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 96937612
<NUMBER-OF-SHARES-REDEEMED> 924269512
<SHARES-REINVESTED> 3712096
<NET-CHANGE-IN-ASSETS> 40380196
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1464856
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2604760
<AVERAGE-NET-ASSETS> 292774190
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.050
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> US TREASURY CASH RESERVE-CLASS IS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1898129920
<INVESTMENTS-AT-VALUE> 1898129920
<RECEIVABLES> 34504576
<ASSETS-OTHER> 5791493
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1938425989
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10194883
<TOTAL-LIABILITIES> 10194883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1928231106
<SHARES-COMMON-STOCK> 1256710005
<SHARES-COMMON-PRIOR> 1131070846
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1256710005
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 94195080
<OTHER-INCOME> 0
<EXPENSES-NET> 4923328
<NET-INVESTMENT-INCOME> 89271752
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 89271752
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 63939786
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4809364236
<NUMBER-OF-SHARES-REDEEMED> 4687736118
<SHARES-REINVESTED> 4011041
<NET-CHANGE-IN-ASSETS> 350815801
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7087604
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13545263
<AVERAGE-NET-ASSETS> 1771901000
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.050
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 022
<NAME> US TREASURY CASH RESERVES-CLASS SS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1898129920
<INVESTMENTS-AT-VALUE> 1898129920
<RECEIVABLES> 34504576
<ASSETS-OTHER> 5791493
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1938425989
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10194883
<TOTAL-LIABILITIES> 10194883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1928231106
<SHARES-COMMON-STOCK> 671521101
<SHARES-COMMON-PRIOR> 446344459
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 671521101
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 94195080
<OTHER-INCOME> 0
<EXPENSES-NET> 4923328
<NET-INVESTMENT-INCOME> 89271752
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 89271752
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 25331966
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1969351165
<NUMBER-OF-SHARES-REDEEMED> 1749840398
<SHARES-REINVESTED> 5665875
<NET-CHANGE-IN-ASSETS> 350815801
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7087604
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13545263
<AVERAGE-NET-ASSETS> 1771901000
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.050
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.45
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
To the Shareholders and
Board of Directors of
Federated Government Trust
In planning and performing our audit of the financial statements of Federated
Government Trust for the year ended April 30, 1998, we considered its internal
control, 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 the internal control.
The management of Federated Government Trust 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 controls include the
safeguarding of assets against unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control, errors or irregularities
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 the internal control would not necessarily disclose all
matters in the 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 of the internal control components does not reduce to
a relatively low level the risk that errors or irregularities 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 the internal control and its operation, including controls for
safeguarding securities, that we consider to be material weaknesses as defined
above at April 30, 1998.
This report is intended solely for the information and use of the board of
directors and management of Federated Government Trust and the Securities and
Exchange Commission.
ERNST & YOUNG LLP
Pittsburgh, Pennsylvania
June 15, 1998
ITEM 77Q(a)(iii)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
A Regular Meeting of the Board of Trustees (the "Trustees") of Federated
Government Trust (the "Trust") was held February 23-26, 1998.
During this meeting, Amendment No. 3 to the By-Laws was adopted by the
Trustees. This amendment, effective February 27, 1998, deleted Section 5
Proxies of Article IV Shareholders' Meetings, and replaced it with the
following:
"Section 5. Proxies. Any shareholder entitled to vote at
any meeting of shareholders may vote either in person, by
telephone, by electronic means including facsimile, or by
proxy, but no proxy which is dated more than six months
before the meeting named therein shall be accepted unless
otherwise provided in the proxy. Every proxy shall be in
writing, subscribed by the shareholder or his duly
authorized agent or be in such other form as may be
permitted by law, including documents conveyed by electronic
transmission. Every proxy shall be dated, but need not be
sealed, witnessed or acknowledged. The placing of a
shareholder's name on a proxy or authorizing another to act
as the shareholder's agent, pursuant to telephone or
electronically transmitted instructions obtained in
accordance with procedures reasonably designed to verify
that such instructions have been authorized by such
shareholder, shall constitute execution of a proxy by or on
behalf of such shareholder. Where Shares are held of record
by more than one person, any co-owner or co-fiduciary may
execute the proxy or give authority to an agent, unless the
Secretary of the Trust 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
Trust, 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."
This amendment to the By-Laws is incorporated by reference
to Post-Effective Amendment No. 18 of the Trust, filed on
June 25, 1998. (File Nos. 33-32755 and 811-5981)
ITEM 77Q(a)(i)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
A Regular Meeting of the Board of Trustees (the "Trustees") of Federated
Government Trust (the "Trust") was held November 18-20, 1997.
During this meeting, Amendment No. 1 to the By-Laws was adopted by the
Trustees. This amendment, effective November 18, 1997, deleted Article
III, Section 7 and replaced it with the following:
"Action by Consent of the Board of Trustees, Executive Committee or
Other Committee. Subject to Article V, Section 1 of these By-Laws, any
action required or permitted to be taken at any meeting of the Trustees,
Executive Committee or any other duly appointed Committee may be taken
without a meeting if consents in writing setting forth such action are
signed by all members of the Board or such committee and such consents
are filed with the records of the Trust. In the event of the death,
removal, resignation or incapacity of any Board or committee member
prior to that Trustee signing such consent, the remaining Board or
committee members may re-constitute themselves as the entire Board or
committee until such time as the vacancy is filled in order to fulfill
the requirement that such consents be signed by all members of the Board
or committee."
This amendment to the By-Laws is incorporated by reference to Post-
Effective Amendment No. 18 of the Trust, filed on June 25, 1998. (File
Nos. 33-32755 and 811-5981)
ITEM 77Q(a)(ii)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
A Regular Meeting of the Board of Trustees (the "Trustees") of Federated
Government Trust (the "Trust") was held February 23-26, 1998.
During this meeting, Amendment No. 2 to the By-Laws was adopted by the
Trustees. This amendment, effective February 23, 1998, deleted Sections
1,2 and 3 of Article I, OFFICERS AND THEIR ELECTION, and replaced them
with the following:
"Section 1. Officers. The Officers of the Trust shall be a
President, one or more Vice Presidents, a Treasurer, and a
Secretary. The Board of Trustees, in its discretion, may
also elect or appoint a Chairman of the Board of Trustees
(who must be a Trustee) 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 Trustee or any Officer to
be a holder of shares in any Series or Class of the Trust.
Section 2. Election of Officers. The Officers shall be
elected annually by the Trustees. 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 Trustees, if there is one,
shall be elected annually by and from the Trustees, and
serve until a successor is so elected and qualified, or
until earlier resignation or removal.
Section 3. Resignations and Removals and Vacancies. Any
Officer of the Trust may resign at any time by filing a
written resignation with the Board of Trustees (or Chairman
of the Trustees, if there is one), with the President, or
with the Secretary. 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 therein,
the acceptance of such resignation shall not be necessary to
make it effective. Any Officer elected by the Board of
Trustees or whose appointment has been ratified by the Board
of Trustees may be removed with or without cause at any time
by a majority vote of all of the Trustees. Any other
employee of the Trust may be removed or dismissed at any
time by the President. 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 Assistant
Secretary 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
Trustees at its next regular meeting."
This amendment to the By-Laws is incorporated by reference to Post-
Effective Amendment No. 18 of the Trust, filed on June 25, 1998. (File
Nos. 33-32755 and 811-5981)
