<PAGE> PAGE 1
000 A000000 05/31/98
000 C000000 0000089954
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 TRUST FOR SHORT-TERM U.S. GOVT. SECURITIES
001 B000000 811-2602
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 N
007 B000000 0
007 C010100 1
007 C010200 2
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 A000001 FEDERATED RESEARCH
008 B000001 A
008 C000001 801-34609
008 D010001 PITTSBURGH
008 D020001 PA
008 D030001 15222
008 D040001 3779
010 A000001 FEDERATED SERVICES COMPANY
010 C010001 PITTSBURGH
010 C020001 PA
010 C030001 15222
010 C040001 3779
011 A000001 FEDERATED SECURITIES CORP.
011 B000001 8-15561
011 C010001 PITTSBURGH
011 C020001 PA
011 C030001 15222
011 C040001 3779
<PAGE> PAGE 2
012 A000001 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B000001 84-1869
012 C010001 PITTSBURGH
012 C020001 PA
012 C030001 15222
012 C040001 3779
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 PITTSBURGH
013 B020001 PA
013 B030001 15222
013 B040001 5401
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02266
015 C040001 8600
015 E010001 X
015 A000002 BANKERS TRUST CO.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 BANK OF NEW YORK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10006
015 E010003 X
015 A000004 THE CHASE MANHATTAN CORP.
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 MORGAN GUARANTY BANK & TRUST CO.
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10015
015 E010005 X
015 A000006 NATIONSBANK OF NORTH CAROLINA
015 B000006 S
015 C010006 CHARLOTTE
015 C020006 NC
015 C030006 28255
015 E010006 X
015 A000007 PNC BANK, NA
015 B000007 S
015 C010007 PITTSBURGH
<PAGE> PAGE 3
015 C020007 PA
015 C030007 15265
015 E010007 X
018 000000 Y
019 A000000 N
019 B000000 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 FUJI GOVERNMENT SECURITIES, INC.
022 B000001 36-2880742
022 C000001 15500000
022 D000001 0
022 A000002 HARRIS GOVERNMENT SECURITIES, INC.
022 B000002 36-3581722
022 C000002 3210000
022 D000002 0
022 A000003 UBS SECURITIES, INC.
022 B000003 13-2932996
022 C000003 3100000
022 D000003 0
022 A000004 PAINEWEBBER, INC.
022 B000004 13-2638166
022 C000004 3100000
022 D000004 0
022 A000005 DEUTSCHE BANK
022 C000005 2687500
022 D000005 0
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006 2219740
022 D000006 0
022 A000007 BARCLAYS DEZOETE WEDD SECURITIES
022 B000007 13-4942190
022 C000007 2043578
022 D000007 0
022 A000008 GREENWICH CAPITAL MAAKETS, INC.
022 B000008 13-3172275
022 C000008 2000000
022 D000008 0
022 A000009 SMITH BARNEY, INC.
022 B000009 13-1912900
022 C000009 1720851
<PAGE> PAGE 4
022 D000009 0
022 A000010 SWISS BANK CORP., NEW YORK
022 B000010 13-5424347
022 C000010 1652500
022 D000010 0
023 C000000 37234169
023 D000000 0
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 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
028 A010000 239330
028 A020000 404
028 A030000 0
028 A040000 213090
028 B010000 179612
028 B020000 421
028 B030000 0
028 B040000 204856
028 C010000 157685
028 C020000 374
028 C030000 0
028 C040000 208944
028 D010000 221149
028 D020000 311
028 D030000 0
028 D040000 214760
028 E010000 161126
028 E020000 360
028 E030000 0
028 E040000 158528
028 F010000 186080
028 F020000 355
028 F030000 0
028 F040000 142518
028 G010000 1144982
<PAGE> PAGE 5
028 G020000 2225
028 G030000 0
028 G040000 1142696
028 H000000 0
029 000000 N
030 A000000 0
030 B000000 0.00
030 C000000 0.00
031 A000000 0
031 B000000 0
032 000000 0
033 000000 0
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.400
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
<PAGE> PAGE 6
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
054 A000000 N
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 N
060 B000000 N
061 000000 25000
062 A000000 Y
062 B000000 0.3
062 C000000 38.6
062 D000000 65.7
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
<PAGE> PAGE 7
062 Q000000 0.0
062 R000000 0.0
063 A000000 38
063 B000000 0.0
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
<PAGE> PAGE 8
072 A000000 6
072 B000000 18379
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 1310
072 G000000 247
072 H000000 0
072 I000000 13
072 J000000 16
072 K000000 0
072 L000000 5
072 M000000 14
072 N000000 10
072 O000000 5
072 P000000 0
072 Q000000 53
072 R000000 9
072 S000000 3
072 T000000 818
072 U000000 0
072 V000000 0
072 W000000 12
072 X000000 2515
072 Y000000 1020
072 Z000000 16891
072AA000000 0
072BB000000 0
072CC010000 0
072CC020000 0
072DD010000 16891
072DD020000 0
072EE000000 0
073 A010000 0.0500
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 95
074 B000000 446800
074 C000000 264568
074 D000000 0
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 2
074 K000000 0
074 L000000 1634
074 M000000 0
074 N000000 713097
<PAGE> PAGE 9
074 O000000 29975
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 2963
074 S000000 0
074 T000000 680159
074 U010000 680159
074 U020000 0
074 V010000 1.00
074 V020000 0.00
074 W000000 1.0000
074 X000000 855
074 Y000000 0
075 A000000 656558
075 B000000 0
076 000000 0.00
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 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 B000000 THE AETNA CASUALTY AND SURETY COMPANY
080 C000000 85000
081 A000000 Y
081 B000000 290
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
<PAGE> PAGE 10
085 B000000 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
SIGNATURE S. ELLIOT COHAN
TITLE ASST. GEN COUNSEL
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 001
<NAME> TRUST FOR SHORT-TERM U.S. GOVT. SECURITIES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1998
<PERIOD-END> MAY-31-1998
<INVESTMENTS-AT-COST> 711367927
<INVESTMENTS-AT-VALUE> 711367927
<RECEIVABLES> 1633687
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 95362
<TOTAL-ASSETS> 713096976
<PAYABLE-FOR-SECURITIES> 29975085
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2963170
<TOTAL-LIABILITIES> 32938255
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 680158721
<SHARES-COMMON-STOCK> 680158721
<SHARES-COMMON-PRIOR> 675987767
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 680158721
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18378631
<OTHER-INCOME> 0
<EXPENSES-NET> 1487403
<NET-INVESTMENT-INCOME> 16891228
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 16891228
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16891228
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1144981351
<NUMBER-OF-SHARES-REDEEMED> 1142632220
<SHARES-REINVESTED> 1821823
<NET-CHANGE-IN-ASSETS> 4170954
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1309518
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2507287
<AVERAGE-NET-ASSETS> 656557796
<PER-SHARE-NAV-BEGIN> 1.000
<PER-SHARE-NII> 0.050
<PER-SHARE-GAIN-APPREC> 0.000
<PER-SHARE-DIVIDEND> 0.050
<PER-SHARE-DISTRIBUTIONS> 0.000
<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>
ITEM 77Q(a)(i)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
The Regular Meeting of the Board of Trustees (the "Trustees") of Trust
for Short-Term U.S. Government Securities (the "Trust") was held
November 18 - 20, 1997.
During this meeting, Amendment No. 6 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 2 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."
ITEM 77Q(a)(ii)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
The Regular Meeting of the Board of Trustees (the "Trustees") of Trust
for Short-Term U.S. Government Securities (the "Trust") was held
February 23 - 26, 1998.
During this meeting, Amendment No. 7 to the By-Laws was adopted by the
Trustees. This amendment, effective February 23, 1998, deleted Article
I, Sections 1, 2 and 3 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."
ITEM 77Q(a)(iii)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
The Regular Meeting of the Board of Trustees (the "Trustees") of Trust
for Short-Term U.S. Government Securities (the "Trust") was held
February 23 - 26, 1998.
During this meeting, Amendment No. 8 to the By-Laws was adopted by the
Trustees. This amendment, effective February 27, 1998, deleted Article
IV, Section 5 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."
ITEM 77Q(a)(iv)
MATERIAL AMENDMENTS TO THE REGISTRANT'S CHARTER OR BY-LAWS
The Regular Meeting of the Board of Trustees (the "Trustees") of Trust
for Short-Term U.S. Government Securities (the "Trust") was held May 12
- - 14, 1998.
During this meeting, Amendment No. 9 to the By-Laws was adopted by the
Trustees. This amendment, effective May 12, 1998, deleted Article IV,
Section 3 and replaced it with the following:
"Section 3. Place of Meeting. 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." and;
deleted Article V, Section 6 and replaced it with the following:
"Section 6. Place of Meeting. 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."