<PAGE> PAGE 1
000 A000000 11/30/94
000 C000000 0000870241
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 CASH TRUST SERIES II
001 B000000 811-6269
001 C000000 4122888127
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 2
007 C010100 1
007 C020100 TREASURY CASH SERIES II
007 C030100 N
007 C010200 2
007 C020200 MUNICIPAL CASH SERIES II
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 FEDERATED ADVISERS
008 B00AA01 A
008 C00AA01 801-34612
008 D01AA01 PITTSBURGH
008 D02AA01 PA
008 D03AA01 15222
008 D04AA01 3779
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
<PAGE> PAGE 2
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
013 B04AA01 1617
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 UBS SECURITIES, INC.
022 B000001 13-2932996
022 C000001 2945000
022 D000001 0
022 A000002 BZW SECURITIES, INC.
022 B000002 13-3297824
022 C000002 2608466
022 D000002 0
022 A000003 B.T. SECURITIES CORP.
022 B000003 13-4941247
022 C000003 2255000
022 D000003 0
022 A000004 DEUTSCHE BANK CAPITAL CORP.
022 B000004 13-6124068
022 C000004 1270000
022 D000004 0
022 A000005 NCNB CORP.
022 B000005 56-0906609
022 C000005 1070000
022 D000005 0
022 A000006 DAIWA SECURITIES AMERICA, INC.
022 B000006 13-5680329
<PAGE> PAGE 3
022 C000006 1064000
022 D000006 0
022 A000007 DONALDSON, LUFKIN & JENRETTE SEC. CORP.
022 B000007 13-2741729
022 C000007 1005000
022 D000007 0
022 A000008 HARRIS GOVERNMENT SECURITIES, INC.
022 B000008 36-3581722
022 C000008 971027
022 D000008 5946
022 A000009 DEAN WITTER REYNOLDS, INC.
022 B000009 94-1671384
022 C000009 895000
022 D000009 0
022 A000010 HSBC SECURITIES, INC.
022 B000010 13-2650272
022 C000010 880000
022 D000010 0
023 C000000 21743606
023 D000000 231187
024 00AA00 N
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
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.500
<PAGE> PAGE 4
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
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
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
078 000000 N
015 A000101 STATE STREET BANK AND TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02266
015 C040101 8604
015 E010101 X
<PAGE> PAGE 5
015 A000102 BANKERS TRUST CO.
015 B000102 S
015 C010102 NEW YORK
015 C020102 NY
015 C030102 10015
015 E010102 X
015 A000103 BANK OF NEW YORK
015 B000103 S
015 C010103 NEW YORK
015 C020103 NY
015 C030103 10006
015 E010103 X
015 A000104 CHEMICAL BANK & TRUST CO.
015 B000104 S
015 C010104 NEW YORK
015 C020104 NY
015 C030104 10006
015 E010104 X
015 A000105 PNC BANK, NA
015 B000105 S
015 C010105 PITTSBURGH
015 C020105 PA
015 C030105 15265
015 E010105 X
015 A000106 MORGAN GUARANTY BANK & TRUST CO.
015 B000106 S
015 C010106 NEW YORK
015 C020106 NY
015 C030106 10015
015 E010106 X
015 A000107 NATIONSBANK OF NORTH CAROLINA
015 B000107 S
015 C010107 CHARLOTTE
015 C020107 NC
015 C030107 28255
015 E010107 X
028 A010100 49563
028 A020100 663
028 A030100 0
028 A040100 43118
028 B010100 39262
028 B020100 550
028 B030100 0
028 B040100 74760
028 C010100 78501
028 C020100 411
028 C030100 0
028 C040100 64003
028 D010100 108619
028 D020100 445
028 D030100 0
<PAGE> PAGE 6
028 D040100 68342
028 E010100 121153
028 E020100 556
028 E030100 0
028 E040100 70518
028 F010100 44457
028 F020100 780
028 F030100 0
028 F040100 40029
028 G010100 441555
028 G020100 3405
028 G030100 0
028 G040100 360770
028 H000100 0
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 239
044 000100 0
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
055 A000100 Y
055 B000100 N
056 000100 N
057 000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 25000
062 A000100 Y
062 B000100 18.6
062 C000100 0.0
062 D000100 81.3
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
<PAGE> PAGE 7
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 22
063 B000100 0.0
064 A000100 N
064 B000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
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 Y
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 6
072 B000100 5603
<PAGE> PAGE 8
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 598
072 G000100 91
072 H000100 0
072 I000100 16
072 J000100 69
072 K000100 0
072 L000100 4
072 M000100 2
072 N000100 14
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 7
072 S000100 5
072 T000100 239
072 U000100 0
072 V000100 0
072 W000100 9
072 X000100 1054
072 Y000100 0
072 Z000100 4549
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 4549
072DD020100 0
072EE000100 0
073 A010100 0.0200
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 196
074 B000100 255400
074 C000100 58373
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 429
074 M000100 37
074 N000100 314435
074 O000100 0
074 P000100 0
<PAGE> PAGE 9
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 362
074 S000100 0
074 T000100 314073
074 U010100 314073
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9997
074 X000100 191
074 Y000100 0
075 A000100 238337
075 B000100 0
076 000100 0.00
015 A000201 STATE STREET BANK AND TRUST COMPANY
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02266
015 C040201 8604
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 CHEMICAL BANK & TRUST CO.
015 B000204 S
015 C010204 NEW YORK
015 C020204 NY
015 C030204 10006
015 E010204 X
015 A000205 PNC BANK, NA
015 B000205 S
015 C010205 PITTSBURGH
015 C020205 PA
015 C030205 15265
015 E010205 X
015 A000206 MORGAN GUARANTY BANK & TRUST CO.
015 B000206 S
015 C010206 NEW YORK
<PAGE> PAGE 10
015 C020206 NY
015 C030206 10015
015 E010206 X
015 A000207 NATIONSBANK OF NORTH CAROLINA
015 B000207 S
015 C010207 CHARLOTTE
015 C020207 NC
015 C030207 28255
015 E010207 X
015 A000208 U.S. TRUST CO.
015 B000208 S
015 C010208 NEW YORK
015 C020208 NY
015 C030208 10036
015 E010208 X
015 A000209 NATIONSBANC CAPITAL MARKETS, INC.
015 B000209 S
015 C010209 RICHMOND
015 C020209 VA
015 C030209 23261
015 E010209 X
025 D000201 0
025 D000202 0
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 54290
028 A020200 160
028 A030200 0
028 A040200 72927
028 B010200 71381
028 B020200 162
028 B030200 0
028 B040200 82313
028 C010200 75489
028 C020200 123
028 C030200 0
028 C040200 78618
028 D010200 35935
028 D020200 141
028 D030200 0
028 D040200 39333
028 E010200 46381
028 E020200 200
028 E030200 0
028 E040200 52062
028 F010200 31859
028 F020200 181
<PAGE> PAGE 11
028 F030200 0
028 F040200 22949
028 G010200 315335
028 G020200 967
028 G030200 0
028 G040200 348202
028 H000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 101
044 000200 0
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 Y
055 B000200 N
056 000200 N
057 000200 N
058 A000200 N
059 000200 Y
060 A000200 N
060 B000200 N
061 000200 25000
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 99.8
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
<PAGE> PAGE 12
063 A000200 55
063 B000200 0.0
064 A000200 Y
064 B000200 N
070 A010200 Y
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 Y
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
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 6
072 B000200 1649
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 254
072 G000200 64
<PAGE> PAGE 13
072 H000200 0
072 I000200 15
072 J000200 31
072 K000200 0
072 L000200 5
072 M000200 2
072 N000200 16
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 6
072 S000200 5
072 T000200 101
072 U000200 0
072 V000200 0
072 W000200 10
072 X000200 509
072 Y000200 108
072 Z000200 1248
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 1248
072DD020200 0
072EE000200 0
073 A010200 0.0100
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 660
074 B000200 0
074 C000200 99694
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 816
074 M000200 27
074 N000200 101197
074 O000200 1000
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 327
<PAGE> PAGE 14
074 S000200 0
074 T000200 99870
074 U010200 99870
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 0.9998
074 X000200 250
074 Y000200 0
075 A000200 101098
075 B000200 0
076 000200 0.00
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> Cash Trust Series II
Municipal Cash Series II
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> May-31-1995
<PERIOD-END> Nov-30-1994
<INVESTMENTS-AT-COST> 99,693,785
<INVESTMENTS-AT-VALUE> 99,693,785
<RECEIVABLES> 816,443
<ASSETS-OTHER> 687,684
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 101,197,912
<PAYABLE-FOR-SECURITIES> 1,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 327,440
<TOTAL-LIABILITIES> 1,327,440
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,870,472
<SHARES-COMMON-STOCK> 99,870,472
<SHARES-COMMON-PRIOR> 131,769,686
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 99,870,472
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,648,983
<OTHER-INCOME> 0
<EXPENSES-NET> 400,509
<NET-INVESTMENT-INCOME> 1,248,474
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,248,474
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,248,474
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 315,335,438
<NUMBER-OF-SHARES-REDEEMED> 348,202,063
<SHARES-REINVESTED> 967,411
<NET-CHANGE-IN-ASSETS> (31,899,214)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 253,515
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 508,566
<AVERAGE-NET-ASSETS> 101,098,106
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.010
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.010
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 79
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> Cash Trust Series II
Treasury Cash Series II
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> May-31-1995
<PERIOD-END> Nov-30-1994
<INVESTMENTS-AT-COST> 313,773,238
<INVESTMENTS-AT-VALUE> 313,773,238
<RECEIVABLES> 429,311
<ASSETS-OTHER> 232,852
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 314,435,401
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 362,394
<TOTAL-LIABILITIES> 362,394
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 314,073,007
<SHARES-COMMON-STOCK> 314,073,007
<SHARES-COMMON-PRIOR> 229,882,352
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 314,073,007
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,603,343
<OTHER-INCOME> 0
<EXPENSES-NET> 1,054,527
<NET-INVESTMENT-INCOME> 4,548,816
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,548,816
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,548,816
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 441,554,914
<NUMBER-OF-SHARES-REDEEMED> 360,769,626
<SHARES-REINVESTED> 3,405,367
<NET-CHANGE-IN-ASSETS> 84,190,655
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 597,475
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,054,527
<AVERAGE-NET-ASSETS> 238,336,875
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.020
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.020
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
