A microscopic density functional theory is used to investigate a binary mixture of polymers, built of freely jointed tangent hard spheres. The difference in the chain length and in the segment diameter of polymers gives rise to a demixing transition. We evaluate the bulk fluid phase equilibria (binodal) and the, limit of stability of a mixed state (spinodal) for selected systems, and analyze the decay of the critical packing fraction, critical mole fraction, and critical pressure with an increase of the chain length. The bulk results are subsequently used in the calculations of the density profiles across the fluid-fluid interface. The obtained profiles are smooth and do not exhibit any oscillations on the length scale of the segment diameter. Upon approaching the critical point the interfacial tension vanishes as (Deltarho)(3), where Deltarho is the difference between bulk densities of one component in bulk phases rich and poor in that species. This indicates that the microscopic density functional theory applied here is of a mean-field type. (C) 2004 American Institute of Physics.