WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000925723
<NAME> Federated Institutional Trust
<SERIES>
<NUMBER> 011
<NAME> Federated Government Ultrashort Fund - Institutional Shares
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> Jul-31-2000
<PERIOD-END> Jul-31-2000
<INVESTMENTS-AT-COST> 138,931,126
<INVESTMENTS-AT-VALUE> 138,946,685
<RECEIVABLES> 704,277
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 2,901
<TOTAL-ASSETS> 139,653,863
<PAYABLE-FOR-SECURITIES> 4,997,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 363,019
<TOTAL-LIABILITIES> 5,360,019
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 136,360,799
<SHARES-COMMON-STOCK> 61,642,278
<SHARES-COMMON-PRIOR> 93,881,894
<ACCUMULATED-NII-CURRENT> 10,235
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,092,749)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 15,559
<NET-ASSETS> 122,037,869
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,762,826
<OTHER-INCOME> 0
<EXPENSES-NET> (452,153)
<NET-INVESTMENT-INCOME> 10,310,673
<REALIZED-GAINS-CURRENT> (787,610)
<APPREC-INCREASE-CURRENT> 373,068
<NET-CHANGE-FROM-OPS> 9,896,131
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,668,829)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,028,923
<NUMBER-OF-SHARES-REDEEMED> (67,733,198)
<SHARES-REINVESTED> 3,464,569
<NET-CHANGE-IN-ASSETS> (52,067,920)
<ACCUMULATED-NII-PRIOR> (958)
<ACCUMULATED-GAINS-PRIOR> (1,305,139)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 694,949
<INTEREST-EXPENSE> 0
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<AVERAGE-NET-ASSETS> 163,284,558
<PER-SHARE-NAV-BEGIN> 1.990
<PER-SHARE-NII> 0.120
<PER-SHARE-GAIN-APPREC> (0.010)
<PER-SHARE-DIVIDEND> (0.120)
<PER-SHARE-DISTRIBUTIONS> (0.000)
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<PER-SHARE-NAV-END> 1.980
<EXPENSE-RATIO> 0.25
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>