Filed Under Rule 424(b)(3), Registration Statement No. 333-109310
Pricing Supplement Number 153 Dated 06/02/2008
(To: Prospectus Dated October 17, 2003 and Prospectus Supplement Dated: November 09, 2004)
 

CUSIP  Number

Principal Amount

Selling Price

Gross Concession

Net Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor's Option

Product Ranking

Moody's Rating

S & P Rating

Fitch Rating

63743FJC1

[ ]

100.000%

0.625%

[ ]

FIXED

4.050%

SEMI-ANNUAL

12/15/2010

12/15/2008

$20.59

YES

Senior Unsecured Notes

A2

A

A

Redemption Information: Non-Callable.
 

CUSIP  Number

Principal Amount

Selling Price

Gross Concession

Net Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor's Option

Product Ranking

Moody's Rating

S & P Rating

Fitch Rating

63743FJD9

[ ]

100.000%

1.000%

[ ]

FIXED

5.000%

SEMI-ANNUAL

06/15/2013

12/15/2008

$25.42

YES

Senior Unsecured Notes

A2

A

A

Redemption Information: Non-Callable.
 

National Rural Utilities Cooperative Finance Corp   Offering Dates: June 02, 2008 through June 09, 2008
Trade Date: Monday, June 09, 2008 @12:00 PM ET
Settle Date: Thursday, June 12, 2008 
Minimum Denomination/Increments: $1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry only
DTC number: 0235 via RBC Dain Rauscher Inc. Agents: Banc of America Securities LLC, Incapital, LLC , A.G. Edwards, Charles Schwab & Co., Inc., Comerica Securities, Edward D. Jones & Co., L.P., J.J.B. Hilliard, W.L. Lyons, Inc., Merrill Lynch & Co., Morgan Stanley, UBS Securities LLC   If the maturity date or an interest payment date for any note is not a Business Day (as term is defined in Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date.   InterNotes® is a registered trademark of Incapital Holdings LLC.  All rights reserved   National Rural Utilities
Cooperative Finance Corporation
$500,000,000.00 CFC InterNotes
Prospectus Dated 17-Oct-03 and Prospectus Supplement Dated: 09-Nov-04