<PAGE> PAGE 1
000 A000000 11/30/97
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 4122886653
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 SERVICES COMPANY
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 SHAREHOLDER 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 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15222
013 B04AA01 5401
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 DEUTSCHE BANK
022 C000001 2074000
022 D000001 0
022 A000002 SWISS BANK CORP., NEW YORK
022 B000002 13-5424347
022 C000002 2072900
022 D000002 0
022 A000003 UBS SECURITES, INC.
022 B000003 13-2932996
022 C000003 1975000
022 D000003 0
022 A000004 B.T. SECURITIES CORP.
022 B000004 13-4941247
022 C000004 1890000
022 D000004 0
022 A000005 BARCLAYS DEZOETE WEDD SECURITIES
022 B000005 13-4942190
022 C000005 1882007
022 D000005 3995
022 A000006 BANK OF TOKYO
022 C000006 1810000
022 D000006 0
<PAGE> PAGE 3
022 A000007 SOCIETE GENERALE SECURITIES CORP.
022 B000007 13-1976032
022 C000007 1780000
022 D000007 0
022 A000008 GREENWICH CAPITAL MARKETS, INC.
022 B000008 13-3172275
022 C000008 1735000
022 D000008 0
022 A000009 DLJ CAPITAL MARKETS
022 C000009 1725000
022 D000009 0
022 A000010 HARRIS GOVERNMENT SECURITIES, INC.
022 B000010 36-3581722
022 C000010 1545000
022 D000010 0
023 C000000 32990151
023 D000000 466161
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
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
<PAGE> PAGE 4
041 00AA00 Y
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.500
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
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
<PAGE> PAGE 5
056 00AA00 N
057 00AA00 N
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
078 000000 N
080 C00AA00 0
081 B00AA00 0
082 B00AA00 0
083 B00AA00 0
084 B00AA00 0
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
015 A000101 STATE STREET BANK AND TRUST CO.
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02266
015 C040101 8600
015 E010101 X
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 THE CHASE MANHATTAN CORP.
015 B000104 S
015 C010104 NEW YORK
015 C020104 NY
015 C030104 10006
015 E010104 X
<PAGE> PAGE 6
015 A000105 MORGAN GUARANTY BANK & TRUST CO.
015 B000105 S
015 C010105 NEW YORK
015 C020105 NY
015 C030105 10015
015 E010105 X
015 A000106 NATIONSBANK OF NORTH CAROLINA
015 B000106 S
015 C010106 CHARLOTTE
015 C020106 NC
015 C030106 28255
015 E010106 X
015 A000107 PNC BANK, NA
015 B000107 S
015 C010107 PITTSBURGH
015 C020107 PA
015 C030107 15265
015 E010107 X
028 A010100 59184
028 A020100 114
028 A030100 0
028 A040100 60725
028 B010100 70305
028 B020100 951
028 B030100 0
028 B040100 77717
028 C010100 50486
028 C020100 988
028 C030100 0
028 C040100 66246
028 D010100 88369
028 D020100 969
028 D030100 0
028 D040100 94204
028 E010100 72970
028 E020100 916
028 E030100 0
028 E040100 64329
028 F010100 59666
028 F020100 950
028 F030100 0
028 F040100 100434
028 G010100 400979
028 G020100 4888
028 G030100 0
028 G040100 463656
028 H000100 0
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
<PAGE> PAGE 7
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 318
044 000100 0
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 25000
062 A000100 Y
062 B000100 22.1
062 C000100 0.0
062 D000100 83.5
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 39
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
<PAGE> PAGE 8
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 9219
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 825
072 G000100 125
072 H000100 0
072 I000100 4
072 J000100 24
072 K000100 0
072 L000100 3
072 M000100 5
072 N000100 13
072 O000100 1
072 P000100 0
072 Q000100 39
072 R000100 6
072 S000100 2
072 T000100 318
072 U000100 0
072 V000100 0
072 W000100 5
072 X000100 1370
072 Y000100 0
072 Z000100 7848
072AA000100 0
072BB000100 0
072CC010100 0
<PAGE> PAGE 9
072CC020100 0
072DD010100 7848
072DD020100 0
072EE000100 0
073 A010100 0.0200
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 238100
074 C000100 62962
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 1159
074 M000100 0
074 N000100 302222
074 O000100 12035
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 4905
074 S000100 0
074 T000100 285282
074 U010100 285282
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0000
074 X000100 337
074 Y000100 0
075 A000100 328951
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 8600
015 E010201 X
015 A000202 BANKERS TRUST CO.
015 B000202 S
015 C010202 NEW YORK
<PAGE> PAGE 10
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 CORP.
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 107980
028 A020200 711
028 A030200 0
028 A040200 84744
028 B010200 108015
028 B020200 618
028 B030200 0
028 B040200 110621
028 C010200 111949
028 C020200 723
028 C030200 0
028 C040200 97541
028 D010200 80954
028 D020200 571
028 D030200 0
028 D040200 110162
028 E010200 111292
028 E020200 557
<PAGE> PAGE 11
028 E030200 0
028 E040200 110454
028 F010200 85848
028 F020200 676
028 F030200 0
028 F040200 97211
028 G010200 606039
028 G020200 3855
028 G030200 0
028 G040200 610733
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 267
044 000200 0
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 101.9
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 49
063 B000200 0.0
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
<PAGE> PAGE 12
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 Y
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 5178
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 667
072 G000200 101
072 H000200 0
072 I000200 40
072 J000200 14
072 K000200 0
072 L000200 8
072 M000200 4
072 N000200 12
<PAGE> PAGE 13
072 O000200 0
072 P000200 0
072 Q000200 40
072 R000200 7
072 S000200 3
072 T000200 267
072 U000200 0
072 V000200 0
072 W000200 3
072 X000200 1165
072 Y000200 83
072 Z000200 4095
072AA000200 0
072BB000200 0
072CC010200 0
072CC020200 0
072DD010200 5215
072DD020200 0
072EE000200 0
073 A010200 0.0300
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 256947
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 1733
074 M000200 0
074 N000200 258680
074 O000200 6000
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 413
074 S000200 0
074 T000200 252267
074 U010200 252267
074 U020200 0
074 V010200 1.00
074 V020200 0.00
074 W000200 1.0001
<PAGE> PAGE 14
074 X000200 2436
074 Y000200 0
075 A000200 266036
075 B000200 0
076 000200 0.00
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 01
<NAME> Cash Trust Series II
Treasury Cash Series II
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> May-31-1998
<PERIOD-END> Nov-30-1997
<INVESTMENTS-AT-COST> 301,062,268
<INVESTMENTS-AT-VALUE> 301,062,268
<RECEIVABLES> 1,159,324
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 302,221,592
<PAYABLE-FOR-SECURITIES> 12,035,243
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,903,938
<TOTAL-LIABILITIES> 16,939,181
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 285,282,411
<SHARES-COMMON-STOCK> 285,282,411
<SHARES-COMMON-PRIOR> 343,070,981
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 285,282,411
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 9,218,537
<OTHER-INCOME> 0
<EXPENSES-NET> 1,370,274
<NET-INVESTMENT-INCOME> 7,848,263
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 7,848,263
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7,848,263
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 400,979,081
<NUMBER-OF-SHARES-REDEEMED> 463,656,145
<SHARES-REINVESTED> 4,888,494
<NET-CHANGE-IN-ASSETS> 57,788,570
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 824,630
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,370,274
<AVERAGE-NET-ASSETS> 328,950,710
<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> 0.83
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 02
<NAME> Cash Trust Series II
Municipal Cash Series II
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> May-31-1998
<PERIOD-END> Nov-30-1997
<INVESTMENTS-AT-COST> 256,946,837
<INVESTMENTS-AT-VALUE> 256,946,837
<RECEIVABLES> 1,733,386
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 258,680,223
<PAYABLE-FOR-SECURITIES> 6,000,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 413,237
<TOTAL-LIABILITIES> 6,413,237
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 252,266,986
<SHARES-COMMON-STOCK> 252,266,986
<SHARES-COMMON-PRIOR> 253,106,484
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 252,266,986
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,177,763
<OTHER-INCOME> 0
<EXPENSES-NET> 1,082,707
<NET-INVESTMENT-INCOME> 4,095,056
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4,095,056
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,095,056
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 606,038,518
<NUMBER-OF-SHARES-REDEEMED> 610,732,705
<SHARES-REINVESTED> 3,854,689
<NET-CHANGE-IN-ASSETS> 839,498
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 666,913
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,165,255
<AVERAGE-NET-ASSETS> 266,036,382
<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> 0.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
