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In inflationary cosmology, the particles constituting the Universe are created after inflation in the process of reheating due to their interaction with the oscillating inflaton field. In the bosonic sector, the leading channel of particle production is the non-perturbative regime of parametric resonance, preheating, during which bosons are created exponentially fast. Pauli blocking prohibits the unbounded creation of fermions. For this reason, it has been silently assumed that the creation of fermions can be treated with perturbation theory for the decay of individual inflatons. We consider the production of fermions interacting with the coherently oscillating inflatons. We find that the actual particle production occurs in a regime of the parametric excitation of fermions, leading to preheating of fermions. Fermion preheating differs significantly from the perturbative expectation. It turns out that the number density of fermions varies periodically with time. The total number of fermions quickly saturates to an average value within a broad range of momenta $\propto q^{1/4}$, where $q$ is the usual resonance parameter. The resonant excitation of fermions may affect the transfer i
preprint / 1998