Every 424B that National Rural Utilities Cooperative Finance Corporation 5.500% Subordinated Notes due 2064 (Subordinated Deferrable Interest Notes) (NRUC) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow NRUC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full NRUC filings page.
National Rural Utilities Cooperative Finance Corporation is issuing a Medium-Term Note, Series D, under an existing shelf program. The note has a principal amount of $1,750,000, an interest rate of 4.12% per annum, and will be issued at 100% of the principal amount.
The note’s original issue date is July 15, 2026 and the maturity date is July 15, 2027, with interest payable on January 15 and July 15 to holders of record on January 1 and July 1. There is no redemption date and no agents’ commission listed. Counsel states that, after proper authorization, execution and delivery, the note will constitute a valid and binding obligation of the company, subject to typical bankruptcy and equitable principles.
National Rural Utilities Cooperative Finance Corporation is issuing a $1,000,000 principal amount Medium-Term Note, Series D, under an existing shelf registration. The note will be issued at 100% of principal amount on July 15, 2026 and will mature on January 15, 2028.
The note bears interest at a fixed rate of 4.30% per annum, with interest paid semiannually on January 15 and July 15 to holders of record on January 1 and July 1. There is no redemption date and no agents’ commission for this issuance.
Counsel Hogan Lovells US LLP states that, after proper authorization, execution, authentication and delivery under the indenture and related agreements, the note will constitute a valid and binding obligation of the company, subject to customary bankruptcy, insolvency and equitable principles under District of Columbia cooperative law and New York law.
National Rural Utilities Cooperative Finance Corporation is offering $2,000,000 principal amount of Medium-Term Notes, Series D, as a takedown from its existing shelf program. The notes are issued at 100% of principal with no agents’ commission and no redemption features.
The notes bear interest at a fixed rate of 3.98% per annum, payable semiannually on each January 15 and July 15 to holders of record on each January 1 and July 1, until maturity on May 15, 2027. Hogan Lovells US LLP opines that, after proper authorization, issuance and delivery, the notes will be valid and binding obligations of the company, subject to customary limitations under bankruptcy, insolvency and equitable principles, under District of Columbia cooperative law and New York law.
National Rural Utilities Cooperative Finance Corporation is offering a Medium-Term Note, Series D, under an existing shelf program. The note has a principal amount of $300,000.00, an issue price of 100% of principal, and will be issued on July 15, 2026 with a maturity date of August 15, 2027. It bears interest at 4.13% per annum, with interest payable on January 15 and July 15 and corresponding regular record dates of January 1 and July 1. There is no redemption date specified and no agents’ commission on this issuance.
Legal counsel Hogan Lovells US LLP states that, after receipt of consideration and proper execution under the indenture and related agreements, the note will constitute a valid and binding obligation of the company. This validity is subject to customary limitations arising from bankruptcy, insolvency and similar laws affecting creditors’ rights, as well as equitable principles such as good faith and reasonableness, under District of Columbia cooperative law and New York law.
National Rural Utilities Cooperative Finance Corporation is issuing a Medium-Term Note, Series D, with a principal amount of $1,500,000.00. The note is issued at 100% of principal, will be dated July 15, 2026, and will mature on October 15, 2027.
The note bears interest at 4.16% per annum, with interest paid on January 15 and July 15 to holders of record on January 1 and July 1. There is no redemption date and no agents’ commission is payable. Legal counsel Hogan Lovells US LLP opines that, after proper authorization, execution and delivery under the indenture, the note will be a valid and binding obligation of the company, subject to customary bankruptcy and equitable principles qualifications.
National Rural Utilities Cooperative Finance Corporation is issuing a Medium-Term Note, Series D, with a principal amount of $250,000. The note is priced at 100% of principal, carries a 3.98% annual interest rate, and will be issued on July 15, 2026, maturing on May 15, 2027. Interest is payable on January 15 and July 15, to holders of record on January 1 and July 1. The note is not subject to redemption, and no selling commission to agents is listed. Counsel Hogan Lovells US LLP states that, after proper authorization, execution and delivery under the applicable indenture, the note will constitute a valid and binding obligation of the company, subject to standard bankruptcy and equitable principles.
National Rural Utilities Cooperative Finance Corporation is issuing a $750,000 Medium-Term Note, Series D, under an existing shelf program. The note will be issued at 100% of principal amount with no agent’s commission, bearing interest at 4.38% per annum.
The note will be issued on July 15, 2026 and will mature on July 15, 2028, with interest payable each January 15 and July 15 to holders of record each January 1 and July 1. The note is not subject to redemption. Counsel states that, upon proper issuance and payment, the note will constitute a valid and binding obligation of the company, subject to customary bankruptcy and equitable principles.
National Rural Utilities Cooperative Finance Corporation is issuing Medium-Term Notes, Series D under an existing shelf program. This tranche has a principal amount of $200,000.00, an issue price of 100% of principal, and bears interest at 3.98% per annum. The notes will be issued on July 15, 2026 and mature on May 15, 2027, with interest paid on January 15 and July 15 to holders of record on January 1 and July 1. There is no redemption date and no agents’ commission disclosed for this issuance. Counsel Hogan Lovells US LLP opines that, after proper authorization, execution and delivery, the notes will constitute valid and binding obligations of the company, subject to standard bankruptcy and creditors’ rights limitations.
National Rural Utilities Cooperative Finance Corporation is issuing a $100,000 Medium-Term Note, Series D, under its existing shelf program. The note is issued at 100% of principal, carries a fixed interest rate of 4.12% per annum, and will mature on July 15, 2027. Interest is payable semiannually on each January 15 and July 15, to holders of record on each January 1 and July 1, beginning after the original issue date of July 15, 2026. The note has no redemption provisions before maturity and is being issued with no agent’s commission. Counsel Hogan Lovells US LLP states that, upon proper authorization, execution and delivery in accordance with the indenture and applicable agreements, and upon receipt of consideration, the note will constitute a valid and binding obligation of the company, subject to customary bankruptcy, insolvency and equitable principles under District of Columbia cooperative law and New York law.
National Rural Utilities Cooperative Finance Corporation is issuing $5,000,000 principal amount of Medium-Term Notes, Series D, due July 15, 2027. The notes bear interest at 4.12% per annum, are issued at 100% of principal amount, and have no redemption prior to maturity. Interest is paid semiannually on January 15 and July 15, to holders of record on January 1 and July 1. No agents’ commission is payable on this issuance. Legal counsel states that, after proper authorization, execution and delivery, the notes will be valid and binding obligations of the company, subject to customary bankruptcy and equitable principles under District of Columbia cooperative law and New York law.
National Rural Utilities Cooperative Finance Corporation is issuing a Medium-Term Note, Series D, under its existing shelf program. The note has a principal amount of $200,000, an issue price of 100% of principal, an original issue date of July 15, 2026 and a maturity date of May 15, 2027. It bears interest at 3.98% per annum, with interest payable on each January 15 and July 15 to holders of record on each January 1 and July 1. The note has no redemption provisions prior to maturity and no selling agents’ commission is indicated. Counsel Hogan Lovells US LLP states that, after proper authorization, execution and delivery, the note will constitute a valid and binding obligation of the company, subject to customary bankruptcy and equitable principles.
National Rural Utilities Cooperative Finance Corporation is issuing a Medium-Term Note, Series D, under its shelf registration. The note has a principal amount of $1,000,000, an interest rate of 4.12% per annum, and is priced at 100% of principal.
The note will be issued on July 15, 2026 and will mature on July 15, 2027. Interest is payable semiannually on January 15 and July 15, to holders of record on January 1 and July 1. There is no redemption right prior to maturity and no agent’s commission on this issuance.
Counsel Hogan Lovells US LLP states that, after receipt of consideration and proper execution under the indenture and related agreements, the note will constitute a valid and binding obligation of the company, subject to customary limitations under bankruptcy, insolvency and equity principles.
National Rural Utilities Cooperative Finance Corporation is offering $2,007,000 of Medium-Term Notes, Series D, under an existing shelf program. The notes are issued at 100% of principal amount on July 15, 2026, bear interest at 4.30% per annum, and mature on January 15, 2028.
Interest is payable on each January 15 and July 15, with regular record dates on each January 1 and July 1. The notes have no redemption date and carry no agents’ commission. Counsel Hogan Lovells US LLP states that, after proper authorization, issuance and delivery under the indenture, the notes will constitute valid and binding obligations of the company, subject to typical bankruptcy and equitable principles qualifications.
National Rural Utilities Cooperative Finance Corp is issuing senior unsecured notes with a principal amount of $20,000 at a selling price of 100.000%, generating net proceeds of $19,890.00.
The notes carry a fixed 4.000% coupon, paid monthly, maturing on June 15, 2027, with the first coupon of $3.67 due on July 15, 2025. They are callable at 100% on June 15, 2026 and monthly thereafter on 30 calendar days’ notice, include a survivor’s option, and are issued in minimum denominations of $1,000 under an indenture for which U.S. Bank Trust Company, National Association, acts as trustee.
National Rural Utilities Cooperative Finance Corporation is offering $2,000,000 of Medium-Term Notes, Series D, with an interest rate of 4.05% per annum and an issue price of 100%. The Trade Date is July 8, 2026, Original Issue Date is July 13, 2026, and the Maturity Date is June 15, 2027. Interest is payable each January 15 and July 15 with record dates each January 1 and July 1. The notes are not redeemable and no agents' commission is disclosed. Hogan Lovells US LLP delivered a legal opinion as to the notes' validity under specified laws.
National Rural Utilities Cooperative Finance Corporation priced $500,000 of Medium-Term Notes, Series D at 100% of principal with an interest rate of 4.11% per annum. The trade date is July 1, 2026, original issue date July 7, 2026, and the notes mature on September 15, 2027.
Interest is payable each January 15 and July 15 with record dates on January 1 and July 1. The pricing supplement shows no agents' commission and no scheduled redemption date.
National Rural Utilities Cooperative Finance Corporation is offering $3,000,000 principal of Medium-Term Notes, Series D, at 100% of principal with an original issue date of July 6, 2026. The notes carry an interest rate of 4.26% per annum and mature on January 15, 2028. The pricing supplement is dated June 30, 2026 and lists no agents' commission and no redemption date.
National Rural Utilities Cooperative Finance Corporation is offering a Medium-Term Note under Pricing Supplement No. 10610: $3,000,000 principal at 100% of principal with an original issue date of July 6, 2026 and a maturity date of July 15, 2027. The note carries an interest rate of 4.08% per annum with semiannual interest payments on January 15 and July 15 and regular record dates of January 1 and July 1. The pricing supplement is dated June 30, 2026 and cites the base prospectus dated October 24, 2023 and prospectus supplement dated October 27, 2023. Redemption is listed as None and agents' commission is None.
National Rural Utilities Cooperative Finance Corporation priced a medium-term note offering with a $1,100,000.00 principal amount at 100% of principal. The notes accrue interest at 4.31% per annum, will be originally issued on July 1, 2026, and mature on January 15, 2028.
The pricing supplement lists regular record dates of January 1 and July 1
National Rural Utilities Cooperative Finance Corporation priced $100,000 principal of Medium-Term Notes, Series D, at 100% with an original issue date of June 29, 2026. The notes bear interest at 3.93% per annum, pay interest each January 15 and July 15 and mature on April 15, 2027. The trade date was June 24, 2026 and the pricing supplement lists no redemption and no agents’ commission. Legal opinion from Hogan Lovells US LLP states the notes will be valid obligations subject to customary insolvency and equitable-law limitations.
National Rural Utilities Cooperative Finance Corporation priced a $4,000,000 Medium‑Term Note, Series D, at 100% of principal. The notes carry a 4.43% per annum interest rate, trade date June 24, 2026, original issue date June 29, 2026, and mature on June 15, 2028. Interest is payable each January 15 and July 15 with record dates of January 1 and July 1. The pricing supplement states there is no redemption option and no agents commission.
National Rural Utilities Cooperative Finance Corporation priced a primary offering of Medium-Term Notes with a $272,000 principal amount. The notes carry a 4.19% fixed interest rate, were issued at 100% of principal and have an original issue date of June 29, 2026 with a maturity date of November 15, 2027.
The pricing supplement is dated June 24, 2026 and references the base prospectus dated October 24, 2023 and prospectus supplement dated October 27, 2023. Interest payments are scheduled each January 15 and July 15 with record dates of January 1 and July 1.
National Rural Utilities Cooperative Finance Corporation (NRUC) priced a primary offering of Medium-Term Notes. The pricing supplement shows a $500,000 principal amount issued at 100% of principal with an interest rate of 4.35% per annum. The notes have an original issue date of June 17, 2026 and mature on June 15, 2028. Interest is payable each January 15 and July 15 with regular record dates on January 1 and July 1.
National Rural Utilities Cooperative Finance Corporation is offering $300,000.00 in Medium-Term Notes, Series D, at an issue price of 100% of principal. The notes have an original issue date of June 15, 2026, pay interest at 3.98% per annum, and mature on July 15, 2027. Interest payments are scheduled each January 15 and July 15, with regular record dates of each January 1 and July 1. The pricing supplement is dated June 10, 2026 and counsel has delivered a legal opinion on validity.
National Rural Utilities Cooperative Finance Corporation priced a $400,000 Medium‑Term Note due June 15, 2028. The pricing supplement shows an original issue date of June 15, 2026, an issue price of 100% of principal and an interest rate of 4.35% per annum. The notes pay interest each January 15 and July 15 with regular record dates of January 1 and July 1.
National Rural Utilities Cooperative Finance Corporation priced a Medium‑Term Note offering of $1,750,000 with an 3.96% annual interest rate. The notes trade date is June 10, 2026, with an original issue date of June 15, 2026 and maturity on June 15, 2027
The issue price is 100% of principal, interest paid semiannually on January 15 and July 15 (record dates January 1 and July 1). The pricing supplement is numbered 10602. Counsel Hogan Lovells US LLP delivered a customary legal opinion on validity under applicable District of Columbia and New York law.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes, Series D with a principal amount of $2,000,000.00. The notes carry an interest rate of 3.96% per annum, an original issue date of June 15, 2026 and a maturity date of June 15, 2027. The trade date for the pricing supplement is June 10, 2026 and the notes were issued at 100% of principal. The pricing supplement cites the prospectus supplement dated October 27, 2023 and the base prospectus dated October 24, 2023.
National Rural Utilities Cooperative Finance Corporation is issuing Medium-Term Notes, Series D with a principal amount of $2,000,000.00 at an issue price of 100%. The notes carry an interest rate of 3.96% per annum, have an original issue date of June 15, 2026 and a maturity date of June 15, 2027.
Interest is payable each January 15 and July 15 with record dates of January 1 and July 1. The pricing supplement lists no redemption date and no agents commission.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes with a principal amount of $250,000, at an issue price of 100%. The notes bear interest at 3.96% per annum, have an original issue date of June 15, 2026 and mature on June 15, 2027. Interest is payable each January 15 and July 15 with record dates each January 1 and July 1. The pricing supplement lists no agents commission and shows no redemption date for these notes.
National Rural Utilities Cooperative Finance Corporation (NRUC) priced a Medium-Term Note, Series D, with a principal amount of $613,000 at 100% of principal. The notes bear interest at 3.96% per annum, have an original issue date of June 15, 2026 and mature on June 15, 2027.
The pricing supplement shows a trade date of June 10, 2026, semiannual interest payments each January 15 and July 15, and no agents' commission or redemption date specified.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes under a pricing supplement. The tranche has a $100,000 principal amount, an 3.84% annual interest rate, and matures on April 15, 2027.
Interest is payable each January 15 and July 15 with regular record dates of January 1 and July 1. The issue price is 100% of principal and there is no redemption date listed.
The National Rural Utilities Cooperative Finance Corporation is issuing Medium-Term Notes, Series D with a principal amount of $250,000 at an issue price of 100%. Trade and pricing supplement dates are June 10, 2026, with an original issue date of June 15, 2026 and a maturity date of April 15, 2027. The notes carry an interest rate of 3.84% per annum, pay interest each January 15 and July 15 (record dates January 1 and July 1), and are not subject to redemption according to this pricing supplement.
National Rural Utilities Cooperative Finance Corporation priced $250,000 of Medium‑Term Notes due August 15, 2027. The notes were offered at 100% of principal with an 4.01% per annum interest rate, June 15, 2026 original issue date and regular interest payments each January 15 and July 15.
The pricing supplement lists a Trade Date and Pricing Supplement Date of June 10, 2026, cites the prospectus supplement dated October 27, 2023 and the base prospectus dated October 24, 2023, and states there is no redemption date and no agents commission.
National Rural Utilities Cooperative Finance Corporation priced a $100,000.00 Medium‑Term Note offering at 100% of principal with an interest rate of 3.84% per annum. The notes have an original issue date of June 15, 2026 and a maturity date of April 15, 2027, with semiannual interest payments each January 15 and July 15.
The pricing supplement is dated June 10, 2026 and the legal opinion states the notes will be valid obligations subject to customary bankruptcy and equity-law exceptions.
National Rural Utilities Cooperative Finance Corporation offers $750,000.00 in Medium-Term Notes, Series D, due June 15, 2028. The notes carry a 4.35% per annum interest rate, an issue price of 100% of principal and an original issue date of June 15, 2026.
The pricing supplement dated June 10, 2026 references the prospectus supplement dated October 27, 2023 and the base prospectus dated October 24, 2023. Redemption is listed as None; regular interest payments are scheduled each January 15 and July 15.
National Rural Utilities Cooperative Finance Corporation priced a $5,000,000 Medium‑Term Note, Series D. The notes, issued at 100% of principal, bear interest at 3.84% per annum, have an original issue date of June 15, 2026 and mature on April 15, 2027.
The pricing supplement lists semiannual interest payments each January 15 and July 15, regular record dates of January 1 and July 1, and no scheduled redemption date.
National Rural Utilities Cooperative Finance Corporation priced a Medium-Term Note offering for $265,000 in principal with an issue price of 100%. The notes carry an interest rate of 4.35% per annum, have an original issue date of June 15, 2026 and mature on June 15, 2028
The pricing supplement is dated June 10, 2026 and the prospectus supplement cited is dated October 27, 2023. The offering lists no agents commission and specifies regular record and interest payment dates in January and July.
National Rural Utilities Cooperative Finance Corporation priced a primary debt offering. The company issued $1,800,000 of Medium-Term Notes, Series D at 100% of principal with an interest rate of 4.06% per annum. The pricing supplement shows a June 10, 2026 trade date and an June 15, 2026 original issue date; maturity is October 15, 2027.
The notes pay interest each January 15 and July 15 with regular record dates of January 1 and July 1. Counsel rendered an opinion as to validity conditioned on receipt of consideration and the due execution, authentication, issuance and delivery of the notes pursuant to the indenture and applicable distribution agreement.
National Rural Utilities Cooperative Finance Corporation priced a primary debt offering of $220,000 in Medium‑Term Notes, Series D, at 100% of principal. The notes bear interest at 4.21% per annum, have an original issue date of June 15, 2026 and mature on December 15, 2027.
The pricing supplement lists trade date June 10, 2026, interest payment dates each January 15 and July 15, and regular record dates each January 1 and July 1. Redemption date is stated as None.
National Rural Utilities Cooperative Finance Corporation priced $1,000,000 Medium-Term Notes due June 15, 2028.
The pricing supplement shows a $1,000,000 principal amount issued at 100% of principal, with an interest rate of 4.35% per annum. Trade date is June 10, 2026 and original issue date is June 15, 2026. Interest is payable each January 15 and July 15 (record dates January 1 and July 1). The notes list no redemption date and show no agents commission. Legal opinion from Hogan Lovells US LLP states the notes will be valid obligations of the Company, subject to standard insolvency and equitable-law qualifications.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of $20,000,000 Medium‑Term Notes, Series D at an original issue price of 100%. The notes carry a 4.21% per annum interest rate, were issued on June 12, 2026, and mature on December 15, 2027.
The pricing supplement lists interest payment dates of January 15 and July 15 and regular record dates of January 1 and July 1. The supplement states there is no redemption date and shows no agents commission.
National Rural Utilities Cooperative Finance Corporation priced a $2,000,000 Medium-Term Note, Series D, at 100% of principal with an interest rate of 3.94% per annum. The notes have an original issue date of June 5, 2026 and mature on June 15, 2027. Interest is payable each January 15 and July 15 with regular record dates of January 1 and July 1. The pricing supplement is dated June 2, 2026 and references the prospectus supplement dated October 27, 2023 and base prospectus dated October 24, 2023.
National Rural Utilities Cooperative Finance Corporation priced a primary offering of Medium‑Term Notes totaling $1,000,000. The notes carry an interest rate of 4.30% per annum, were issued at 100% of principal, have an original issue date of June 2, 2026, and mature on June 15, 2028.
Interest is payable each January 15 and July 15 with regular record dates on January 1 and July 1. The pricing supplement lists no agents' commission and specifies no scheduled redemption date.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes with a $1,000,000.00 principal amount. The notes carry an interest rate of 4.16% per annum, were issued at 100% of principal, and mature on December 15, 2027.
The pricing supplement lists an Original Issue Date of June 2, 2026 and a Trade Date of May 28, 2026. Interest payments are scheduled each January 15 and July 15, with regular record dates of January 1 and July 1.
National Rural Utilities Cooperative Finance Corporation priced a primary offering of Medium-Term Notes with a principal amount of $500,000. The notes carry an interest rate of 4.16% per annum, were traded on May 28, 2026 with an original issue date of June 2, 2026, and mature on December 15, 2027. The issue price was 100% of principal amount and interest is payable each January 15 and July 15, with record dates each January 1 and July 1.
National Rural Utilities Cooperative Finance Corporation (NRUC) is offering $1,500,000 of Medium-Term Notes, Series D due November 15, 2028. The notes carry a 4.37% per annum interest rate, were priced at 100% of principal with an original issue date of May 29, 2026, and pay interest each January 15 and July 15. The pricing supplement is dated May 26, 2026.
The legal opinion states the notes will be valid obligations subject to specified insolvency and equitable-law exceptions and is based on the District of Columbia General Cooperative Association Act of 2010 and New York law.
The National Rural Utilities Cooperative Finance Corporation is offering $20,000,000 of Medium-Term Notes, Series D, issued at 100% of principal with an interest rate of 4.14% per annum. The trade date is May 18, 2026, original issue date May 21, 2026, and maturity is November 15, 2027. Interest is payable each January 15 and July 15 with record dates each January 1 and July 1.
The pricing supplement states there is no redemption date and no agent commission. Legal counsel rendered an opinion on the validity of the notes referencing the District of Columbia General Cooperative Association Act of 2010 and New York law.
National Rural Utilities Cooperative Finance Corporation is offering Medium-Term Notes, Series D, with a principal amount of $500,000 at an issue price of 100%. The notes bear interest at 4.07% per annum, have an original issue date of May 20, 2026 and mature on November 15, 2027. Regular interest payment dates are each January 15 and July 15, with record dates each January 1 and July 1. The pricing supplement is dated May 15, 2026 and cites the base prospectus dated October 24, 2023 and prospectus supplement dated October 27, 2023. The document states no agents commission and lists no redemption date for these notes.
National Rural Utilities Cooperative Finance Corporation priced a Series D Medium-Term Note offering of $190,000 at 100% of principal. The notes carry a 4.20% per annum coupon, were originally issued on May 20, 2026 with a trade/pricing date of May 15, 2026, and mature on May 15, 2028. Interest is payable each January 15 and July 15 with record dates of January 1 and July 1. The pricing supplement states no redemption date and no agents' commission. Legal opinion from Hogan Lovells US LLP supports validity of the notes, subject to stated legal exceptions.
National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes, Series D with a principal amount of $281,000. The notes were issued at 100% of principal with an interest rate of 4.20% per annum and an original issue date of May 15, 2026. The notes mature on May 15, 2028 with semiannual interest payments on January 15 and July 15.