424B3 1 ps3042.htm ps3042

Rule 424 (b) (3)
Registration No. 333-84192
  
  
PRICING SUPPLEMENT NO. 3042 DATED May 20, 2002
TO PROSPECTUS SUPPLEMENTAL DATED March 25, 2002
AND BASE PROSPECTUS DATED March 22, 2002
   
     
Issuer:
National Rural Utilities CFC
Principal Amount:
$100,000.00
Issue Price:
100% of Principal Amount
Original Issue Date:
05/23/2002
Maturity Date:
01/15/2004
Interest Rate:
4.37% per annum
Record Dates:
Each January 1 and July 1
Interest Payment Dates:
Each January 15 and July 15
Redeemable Date:
None
Agents Commission:
None
Form of Note:
Certificated
     (Book-Entry or Certificated)
Other Terms:
None
       
Medium-Term Notes, Series C may be issued by CFC in an aggregate principal amount of up to $20,435,508,000 and, to date, including this offering, an aggregate of $15,130,236,000 Series C have been issued.