<PAGE> PAGE 1
000 B000000 01/31/99
000 C000000 0000894352
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 MONEY MARKET OBLIGATIONS TRUST II
001 B000000 811-7364
001 C000000 4122888634
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 PRIME CASH OBLIGATIONS FUND
007 C030100 N
007 C010200 2
007 C020200 PRIME VALUE OBLIGATIONS FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C020800 MUNICIPAL OBLIGATIONS FUND
007 C030800 N
007 C010900 9
007 C011000 10
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
<PAGE> PAGE 2
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
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 ABN AMRO SECURITIES (USA), INC.
022 C000001 21922630
022 D000001 0
022 A000002 HSBC SECURITIES, INC.
022 B000002 13-2650272
022 C000002 21213000
022 D000002 0
022 A000003 BEAR, STEARNS SECURITIES CORP.
022 C000003 19083105
022 D000003 0
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004 18185238
022 D000004 387823
022 A000005 NCNB NATIONAL BANK
022 C000005 14563300
022 D000005 0
022 A000006 ROYAL BANK OF CANADA
022 C000006 12200000
022 D000006 0
022 A000007 SOCIETE GENERALE
<PAGE> PAGE 3
022 C000007 11553750
022 D000007 0
022 A000008 SALOMON SMITH BARNEY, INC.
022 C000008 10056251
022 D000008 32300
022 A000009 MORGAN GUARANTY TRUST CO. OF NEW YORK
022 B000009 13-5123346
022 C000009 9497517
022 D000009 0
022 A000010 GOLDMAN SACHS & CO.
022 B000010 13-5108880
022 C000010 9264067
022 D000010 218320
023 C000000 233149049
023 D000000 4868192
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 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
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
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.200
048 A01AA00 0
048 A02AA00 0.000
<PAGE> PAGE 4
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
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000000
<PAGE> PAGE 5
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 LLOYD'S OF LONDON
080 B00AA00 ZURICH INSURANCE COMPANY;RELIANCE INSURANCE
080 C00AA00 70000
081 A00AA00 Y
081 B00AA00 158
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
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
015 A000101 STATE STREET BANK AND TRUST COMPANY
<PAGE> PAGE 6
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
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 2206041
028 A020100 4491
028 A030100 0
028 A040100 2109251
028 B010100 2391363
028 B020100 4574
028 B030100 0
028 B040100 2377094
028 C010100 2732010
<PAGE> PAGE 7
028 C020100 4451
028 C030100 0
028 C040100 2413292
028 D010100 3241557
028 D020100 4898
028 D030100 0
028 D040100 2938901
028 E010100 4135254
028 E020100 5288
028 E030100 0
028 E040100 4162506
028 F010100 3994623
028 F020100 10368
028 F030100 0
028 F040100 3748326
028 G010100 18700848
028 G020100 34070
028 G030100 0
028 G040100 17749370
028 H000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 N
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 0
044 000100 0
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 11.2
062 E000100 0.0
062 F000100 7.7
062 G000100 0.0
062 H000100 0.0
062 I000100 50.2
062 J000100 1.7
062 K000100 0.0
062 L000100 29.1
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
<PAGE> PAGE 8
062 R000100 0.0
063 A000100 58
063 B000100 0.0
064 A000100 Y
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 Y
070 J020100 Y
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
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 12
072 B000100 128409
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 4676
<PAGE> PAGE 9
072 G000100 1763
072 H000100 0
072 I000100 114
072 J000100 151
072 K000100 0
072 L000100 22
072 M000100 16
072 N000100 36
072 O000100 0
072 P000100 0
072 Q000100 233
072 R000100 14
072 S000100 11
072 T000100 5846
072 U000100 0
072 V000100 0
072 W000100 176
072 X000100 13058
072 Y000100 6659
072 Z000100 122010
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 73060
072DD020100 48950
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 329600
074 C000100 2617360
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 10663
074 M000100 0
074 N000100 2957623
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
<PAGE> PAGE 10
074 R040100 7313
074 S000100 0
074 T000100 2950310
074 U010100 1825266
074 U020100 1125044
074 V010100 0.00
074 V020100 0.00
074 W000100 1.0002
074 X000100 531
074 Y000100 0
075 A000100 2338191
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 BANKER 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 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
<PAGE> PAGE 11
015 B000207 S
015 C010207 PITTSBURGH
015 C020207 PA
015 C030207 15265
015 E010207 X
028 A010200 1718683
028 A020200 4412
028 A030200 0
028 A040200 1690609
028 B010200 1996889
028 B020200 4855
028 B030200 0
028 B040200 2135120
028 C010200 2546719
028 C020200 4920
028 C030200 0
028 C040200 2304935
028 D010200 2190435
028 D020200 4769
028 D030200 0
028 D040200 2079628
028 E010200 3533548
028 E020200 4916
028 E030200 0
028 E040200 3451725
028 F010200 3377409
028 F020200 10472
028 F030200 0
028 F040200 3142475
028 G010200 15363683
028 G020200 34344
028 G030200 0
028 G040200 14804492
028 H000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 N
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 0
044 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
<PAGE> PAGE 12
062 D000200 9.5
062 E000200 0.0
062 F000200 10.0
062 G000200 0.0
062 H000200 0.0
062 I000200 50.5
062 J000200 0.0
062 K000200 0.0
062 L000200 30.2
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 61
063 B000200 0.0
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 Y
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 Y
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
<PAGE> PAGE 13
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 90325
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 3265
072 G000200 1231
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072 M000200 12
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072 Q000200 184
072 R000200 14
072 S000200 11
072 T000200 4080
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072 X000200 9208
072 Y000200 5423
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072DD010200 60707
072DD020200 25833
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 12
074 B000200 205450
074 C000200 1968291
074 D000200 0
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<PAGE> PAGE 14
074 G000200 0
074 H000200 0
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074 J000200 0
074 K000200 0
074 L000200 8696
074 M000200 0
074 N000200 2182449
074 O000200 10000
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074 R030200 0
074 R040200 3056
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074 T000200 2169393
074 U010200 1474123
074 U020200 695270
074 V010200 0.00
074 V020200 0.00
074 W000200 0.9997
074 X000200 1073
074 Y000200 0
075 A000200 1632267
075 B000200 0
076 000200 0.00
015 A000801 STATE STREET BANK AND TRUST COMPANY
015 B000801 C
015 C010801 BOSTON
015 C020801 MA
015 C030801 02266
015 C040801 8600
015 E010801 X
015 A000802 BANKERS TRUST CO.
015 B000802 S
015 C010802 NEW YORK
015 C020802 NY
015 C030802 10015
015 E010802 X
015 A000803 BANK OF NEW YORK
015 B000803 S
015 C010803 NEW YORK
015 C020803 NY
015 C030803 10006
015 E010803 X
015 A000804 THE CHASE MANHATTAN CORP.
015 B000804 S
015 C010804 NEW YORK
015 C020804 NY
015 C030804 10006
<PAGE> PAGE 15
015 E010804 X
015 A000805 MORGAN GUARANTY BANK & TRUST CO.
015 B000805 S
015 C010805 NEW YORK
015 C020805 NY
015 C030805 10015
015 E010805 X
015 A000806 NATIONSBANK OF NORTH CAROLINA
015 B000806 S
015 C010806 CHARLOTTE
015 C020806 NC
015 C030806 28255
015 E010806 X
015 A000807 PNC BANK, NA
015 B000807 S
015 C010807 PITTSBURGH
015 C020807 PA
015 C030807 15265
015 E010807 X
028 A010800 426146
028 A020800 321
028 A030800 0
028 A040800 443615
028 B010800 441048
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028 B040800 407344
028 C010800 567235
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028 C040800 500147
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028 D040800 468167
028 E010800 668964
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028 E040800 769017
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028 F040800 472296
028 G010800 3201233
028 G020800 2573
028 G030800 0
028 G040800 3060586
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037 000800 N
038 000800 0
039 000800 N
<PAGE> PAGE 16
040 000800 N
042 A000800 0
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042 C000800 0
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043 000800 0
044 000800 0
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062 E000800 99.4
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063 A000800 40
063 B000800 0.0
064 A000800 Y
064 B000800 N
070 A010800 Y
070 A020800 N
070 B010800 N
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070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
<PAGE> PAGE 17
070 J010800 Y
070 J020800 Y
070 K010800 N
070 K020800 N
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 Y
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 0
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072 A000800 12
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<PAGE> PAGE 18
072CC020800 0
072DD010800 9177
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074 C000800 483464
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074 R030800 0
074 R040800 894
074 S000800 0
074 T000800 486265
074 U010800 303884
074 U020800 182358
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SIGNATURE STEVE KEANE
TITLE GENERAL COUNSEL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 011
<NAME> PRIME CASH OBLIGATIONS FUND - INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jan-31-1999
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,946,959,534
<INVESTMENTS-AT-VALUE> 2,946,959,534
<RECEIVABLES> 10,663,126
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,957,622,660
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,312,958
<TOTAL-LIABILITIES> 7,312,958
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,950,309,702
<SHARES-COMMON-STOCK> 1,825,266,173
<SHARES-COMMON-PRIOR> 1,100,619,513
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,825,266,173
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 128,409,170
<OTHER-INCOME> 0
<EXPENSES-NET> (6,399,564)
<NET-INVESTMENT-INCOME> 122,009,606
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 122,009,606
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (73,059,518)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 23,532,773,371
<NUMBER-OF-SHARES-REDEEMED> (22,852,260,827)
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<EXPENSE-RATIO> 0.18
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 012
<NAME> PRIME CASH OBLIGATIONS FUND - INSTITUTIONAL SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,946,959,534
<INVESTMENTS-AT-VALUE> 2,946,959,534
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<PAID-IN-CAPITAL-COMMON> 2,950,309,702
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<EXPENSES-NET> (6,399,564)
<NET-INVESTMENT-INCOME> 122,009,606
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<NET-CHANGE-FROM-OPS> 122,009,606
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<NUMBER-OF-SHARES-SOLD> 7,290,975,466
<NUMBER-OF-SHARES-REDEEMED> (7,070,064,987)
<SHARES-REINVESTED> 5,275,668
<NET-CHANGE-IN-ASSETS> 789,866,578
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<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.43
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<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 013
<NAME> PRIME CASH OBLIGATIONS FUND - INSTITUTIONAL CAPITAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jan-31-1999
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,946,959,534
<INVESTMENTS-AT-VALUE> 2,946,959,534
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<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,312,958
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<NET-ASSETS> 230,192,634
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<NET-INVESTMENT-INCOME> 122,009,606
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<NET-CHANGE-FROM-OPS> 122,009,606
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<NUMBER-OF-SHARES-SOLD> 2,339,167,903
<NUMBER-OF-SHARES-REDEEMED> (2,506,236,739)
<SHARES-REINVESTED> 6,102,607
<NET-CHANGE-IN-ASSETS> 789,866,578
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<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.050)
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<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 021
<NAME> PRIME VALUE OBLIGATIONS FUND - INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jan-31-1999
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,173,741,108
<INVESTMENTS-AT-VALUE> 2,173,741,108
<RECEIVABLES> 8,695,808
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<SENIOR-LONG-TERM-DEBT> 0
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<NUMBER-OF-SHARES-SOLD> 19,781,464,858
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<GROSS-EXPENSE> 9,207,530
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<PER-SHARE-NAV-BEGIN> 1.000
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<PER-SHARE-DIVIDEND> (0.050)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.16
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 022
<NAME> PRIME VALUE OBLIGATIONS FUND - INSTITUTIONAL SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,173,741,108
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<RECEIVABLES> 8,695,808
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<TOTAL-ASSETS> 2,182,448,958
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<SENIOR-LONG-TERM-DEBT> 0
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<NET-ASSETS> 495,172,173
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<NUMBER-OF-SHARES-SOLD> 5,129,107,787
<NUMBER-OF-SHARES-REDEEMED> (4,972,051,133)
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<GROSS-EXPENSE> 9,207,530
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<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.050)
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<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 023
<NAME> PRIME VALUE OBLIGATIONS FUND - INSTITUTIONAL CAPITAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jan-31-1999
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 2,173,741,108
<INVESTMENTS-AT-VALUE> 2,173,741,108
<RECEIVABLES> 8,695,808
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<TOTAL-ASSETS> 2,182,448,958
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<NUMBER-OF-SHARES-REDEEMED> (1,477,697,890)
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<EXPENSE-RATIO> 0.28
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 081
<NAME> MUNICIPAL OBLIGATIONS FUND - INSTITUTIONAL SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jan-31-1999
<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 483,463,785
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<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 082
<NAME> MUNICIPAL OBLIGATIONS FUND - INSTITUTIONAL SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
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<PERIOD-END> Jan-31-1999
<INVESTMENTS-AT-COST> 483,463,785
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<NAME> MONEY MARKET OBLIGATIONS TRUST II
<SERIES>
<NUMBER> 083
<NAME> MUNICIPAL OBLIGATIONS FUND - INSTITUTIONAL CAPITAL SHARES
<S> <C>
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<NET-ASSETS> 114,529,918
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<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 803,037
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,395,736
<AVERAGE-NET-ASSETS> 69,566,477
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.030
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> (0.030)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 1.000
<EXPENSE-RATIO> 0.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
Report of Independent Auditors
To the Shareholders and
Board of Trustees of
Money Market Obligations Trust II
In planning and performing our audit of the financial statements of
Money Market Obligations Trust II Funds for the year ended January 31,
1999, 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, and not to
provide assurance on the internal control.
The management of Money Market Obligations Trust II Funds 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 fraud 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 internal control would not necessarily disclose all
matters in 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 specific internal control components
does not reduce to a relatively low level the risk that errors or fraud
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 internal control and
its operation, including controls for safeguarding securities, that we
consider to be material weaknesses as defined above at January 31, 1999.
This report is intended solely for the information and use of the board
of trustees and management of Money Market Obligations Trust II Funds
and the Securities and Exchange Commission and is not intended to be and
should not be used by anyone other than these specified parties.
Boston, Massachusetts
March 15, 1999
Item 77Q1(a)(i)
Money Market Obligations Trust II
Amendment #2
to the By-Laws
(effective February 23, 1998)
Delete Sections 1, 2 and 3 of Article VI, OFFICERS, and replace with:
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.
Item 77Q1(a)(ii)
Money Market Obligations Trust II
Amendment #3
to the By-Laws
(effective February 27, 1998)
Delete Section 4 Proxies of Article III Shareholders, and replace with
the following:
Section 4. Proxies. Only Shareholders of record shall be
entitled to vote at any meeting of Shareholders. Each whole
shares shall be entitled to one vote as to any matter on
which it is entitled by the Declaration to vote, and each
fractional Shares shall be entitled to a proportionate
fractional vote. 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.
Item 77Q1(a)(iii)
Money Market Obligations Trust II
Amendment #4
to the By-Laws
(effective May 12, 1998)
Strike Section 1 - Meetings of Article III - Shareholders and replace it
with the following:
Section 1. Meetings. Meetings of the shareholders of the
Trust or a particular Series or Class shall be held at such
place within or without The Commonwealth of Massachusetts as
may be fixed from time to time by resolution of the
Trustees. The holders of a majority of outstanding Shares
of the Trust or a Series thereof present in person or by
proxy shall constitute a quorum at any meeting of the
Shareholders of the Trust or a Series thereof.
Strike Section 1 - Meetings of the Trustees of Article IV -
Trustees and replace it with the following:
Section 1. Meetings of the Trustees. The Trustees may in their
discretion provide for regular or stated meetings of the Trustees.
Meetings of the Trustees shall be held at such place within or without
The Commonwealth of Massachusetts as fixed from time to time by
resolution of the Trustees, or as the person or persons requesting said
meeting to be called may designate, but any meeting may adjourn to any
other place. Notice of regular or stated meetings need not be given.
Meetings of the Trustees other than regular or stated meetings shall be
given by the Secretary or an Assistant Secretary or by the officer or
Trustee calling the meeting and and shall be mailed to each Trustee at
least two days before the meeting, or shall be telegraphed, cabled, or
wirelessed to each Trustee at his business address, or personally
delivered to him at least one day before the meeting. Such notice may,
however, be waived by any Trustee. Notice of a meeting need not be
given to any Trustee if a written waiver of notice, executed by him
before or after the meeting, is filed with the records of the meeting,
or to any Trustee who attends the meeting without protesting prior
thereto or at its commencement the lack of notice to him. A notice or
waiver of notice need not specify the purpose of any meeting. The
Trustees may meet by means of a telephone conference circuit or similar
communications equipment by means of which all persons participating in
the meeting can hear each other at the same time and participation by
such means shall be deemed to have been held at a place designated by
the Trustees at the meeting. Participation in a telephone conference
meeting shall constitute presence in person at such meeting. Any action
required or permitted to be taken at any meeting of the Trustees may be
taken by the Trustees without a meeting if all the Trustees consent to
the action in writing and the written consents are filed with the
records of the Trustees' meetings. Such consents shall be treated as a
vote for all purposes.
