[424B3] NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ Prospectus Filed Pursuant to Rule 424(b)(3)
National Rural Utilities Cooperative Finance Corporation priced $247,000 of Medium-Term Notes, Series D at 100% of principal with an original issue date of April 8, 2026.
Rhea-AI Filing Summary
National Rural Utilities Cooperative Finance Corporation priced $247,000 of Medium-Term Notes, Series D at 100% of principal with an original issue date of April 8, 2026. The notes bear interest at 4.06% per annum and mature on April 15, 2028. Regular record dates are each January 1 and July 1, with interest paid each January 15 and July 15. The pricing supplement states no agents' commission and includes counsel opinion on validity subject to customary insolvency and equitable-law qualifiers.
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Key Figures
Principal Amount: $247,000.00
Issue Price: 100% of Principal Amount
Interest Rate: 4.06% per annum
+4 more
7 metrics
Principal Amount
$247,000.00
Principal amount of Series D notes
Issue Price
100% of Principal Amount
Pricing stated in the supplement
Interest Rate
4.06% per annum
Coupon on the Series D notes
Original Issue Date
April 8, 2026
Date notes were originally issued
Maturity Date
April 15, 2028
Maturity of Series D notes
Trade Date
April 3, 2026
Trade date shown on pricing supplement
Interest Payment Dates
January 15 and July 15
Semiannual interest payment schedule
Key Terms
Pricing Supplement, Indenture, Medium-Term Notes, Regular Record Dates, +1 more
5 terms
Pricing Supplement regulatory
"Pricing Supplement No. | 10532 Pricing Supplement Date | April 3, 2026"
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.
Indenture financial
"authentication, 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.
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.
Regular Record Dates technical
"Regular Record Dates | Each January 1 and July 1"
Agents Commission financial
"Agents Commission | None"
Offering Details
other
Offering
Offering Type
other
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What securities did NRUC (NRUC) register in this 424(b)(3) filing?
The filing registers Medium-Term Notes, Series D with a principal amount of $247,000. The notes are debt securities issued under the referenced prospectus supplement and base prospectus dated in 2023.
What are the key economic terms of NRUC's Series D notes?
The Series D notes carry a 4.06% per annum interest rate, were priced at 100% of principal, have an original issue date of April 8, 2026, and mature on April 15, 2028.
When will interest on the NRUC Series D notes be paid and who is record holder?
Interest payments occur each January 15 and July 15. Regular record dates for determining payees are each January 1 and July 1, per the pricing supplement's schedule.
Does the pricing supplement show underwriting commissions or redemption rights?
The pricing supplement indicates no agents' commission for this issuance and states a redemption date: None, meaning no scheduled redemption date is specified in the excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.
