National Rural Utilities (NRUC) prices $1.75M 3.83% note due April 15, 2027
Rhea-AI Filing Summary
National Rural Utilities Cooperative Finance Corporation priced a $1,750,000 medium-term note. The pricing supplement shows a 3.83% per annum interest rate, original issue date April 15, 2026 and maturity on April 15, 2027. Interest payments are scheduled each January 15 and July 15.
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Key Figures
Principal Amount: $1,750,000
Interest Rate: 3.83% per annum
Issue Price: 100% of Principal Amount
+3 more
6 metrics
Principal Amount
$1,750,000
Principal amount of the medium-term note
Interest Rate
3.83% per annum
Stated interest rate for the note
Issue Price
100% of Principal Amount
Issuance at par as stated in the pricing supplement
Original Issue Date
April 15, 2026
Original issue date for the securities
Maturity Date
April 15, 2027
Maturity date of the medium-term note
Interest Payment Dates
January 15 and July 15
Semiannual interest payment dates
Key Terms
Pricing Supplement, Medium-Term Notes, Indenture, Validity Opinion
4 terms
Pricing Supplement regulatory
"Pricing Supplement Date | April 10, 2026 Prospectus Supplement Date"
A pricing supplement is a short, final document that gives the exact terms of a new securities offering—such as the price, interest rate, size and settlement date—building on the broader prospectus. Think of it as the day’s receipt that turns a general menu into the specific order; investors use it to see the concrete deal terms that determine value, yield and whether to buy.
Medium-Term Notes financial
"Medium-Term Notes, Series D Due Nine Months or More from Date of Issue"
Medium-term notes are debt securities issued by companies, banks or governments that promise to pay interest and return principal at a set date a few years out—typically longer than short-term bills but shorter than long-term bonds. For investors they act like staggered IOUs that provide predictable income and help diversify holdings, but they carry credit and interest-rate risk and can affect a portfolio’s cash flow and stability depending on the issuer’s creditworthiness and the note’s term.
Indenture legal
"issuance and delivery of the notes pursuant to the terms of the indenture"
An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.
Validity Opinion legal
"In the opinion of Hogan Lovells US LLP, as counsel to the Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What size and maturity is NRUC's note priced on April 10, 2026?
NRUC priced a $1,750,000 medium-term note with an original issue date of April 15, 2026. The note matures on April 15, 2027, providing a one-year instrument from issue to maturity as shown in the pricing supplement.
What interest rate and payment schedule does the NRUC note carry?
The note bears a stated interest rate of 3.83% per annum. Interest is payable semiannually on January 15 and July 15, with regular record dates each January 1 and July 1, as set out in the pricing supplement.
What was the issue price and are there agent commissions for NRUC's note?
The pricing supplement lists an issue price of 100% of principal. The supplement indicates no agents commission for this issuance, meaning the note was issued at par without a listed selling commission in the provided excerpt.
Who provided the legal opinion on the validity of NRUC's medium-term note?
Legal counsel opinion was provided by Hogan Lovells US LLP. The opinion states the notes will constitute valid and binding obligations subject to specified insolvency and equitable-law qualifications under District of Columbia and New York law.