NRUC issues 3.59% notes due December 2026

National Rural Utilities Cooperative Finance Corporation is issuing Series D medium-term notes with a principal amount of $1,300,000.00.

Accepted by SEC EDGAR 02/13/2026 - 01:08 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

National Rural Utilities Cooperative Finance Corporation is issuing Series D medium-term notes with a principal amount of $1,300,000.00. The notes are priced at 100% of principal, carry a fixed interest rate of 3.59% per annum, and mature on December 15, 2026.

Interest is paid semiannually on January 15 and July 15, to holders of record on January 1 and July 1. There is no redemption feature or agents’ commission. Counsel Hogan Lovells US LLP opines that, upon proper issuance, the notes will be valid and binding obligations of the company, subject to customary bankruptcy and equity law limitations.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the key terms of National Rural Utilities (NRUC) Series D medium-term notes?

The Series D medium-term notes have a principal amount of $1,300,000.00, a fixed interest rate of 3.59% per year, and mature on December 15, 2026. They are issued at 100% of principal with no agents’ commission and no redemption feature.

When do NRUC’s 3.59% Series D medium-term notes pay interest?

The notes pay interest semiannually on January 15 and July 15. Holders must be on record as of January 1 and July 1 to receive these payments, providing predictable cash flow over the life of the notes until maturity.

What is the maturity date of NRUC’s 3.59% medium-term notes issued under Pricing Supplement No. 10458?

These medium-term notes mature on December 15, 2026. Investors receive semiannual interest payments at 3.59% per annum until that date, when the $1,300,000.00 principal amount becomes due and payable, assuming the issuer meets all payment obligations.

Is there an early redemption option on NRUC’s Series D medium-term notes?

The notes have no redemption date, meaning there is no stated early call or redemption feature. Investors can expect to hold the notes to the scheduled maturity on December 15, 2026, unless they sell them in the secondary market, if available.

What legal opinion supports the validity of NRUC’s 3.59% medium-term notes?

Hogan Lovells US LLP opines the notes will be valid and binding obligations of the company once properly authorized, executed, issued, and delivered. This opinion is subject to customary limitations related to bankruptcy, insolvency, creditors’ rights laws, and general principles of equity and judicial discretion.

Under which laws are NRUC’s Series D medium-term notes evaluated for validity?

The validity opinion is based on the District of Columbia General Cooperative Association Act of 2010 and New York state law. Counsel explicitly limits its opinion to these legal frameworks, excluding local subdivisions, and relies on standard assumptions about the trustee and indenture.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Rule 424 (b) (3)

Registration No.: 333-275151

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION

Medium-Term Notes, Series D

Due Nine Months or More from Date of Issue

Trade Date			February 11, 2026
Pricing Supplement No.			10458
Pricing Supplement Date			February 11, 2026
Prospectus Supplement Date			October 27, 2023
Base Prospectus Date			October 24, 2023
Principal Amount			$1,300,000.00
Issue Price			100% of Principal Amount
Original Issue Date			February 15, 2026
Maturity Date			December 15, 2026
Interest Rate			3.59% per annum
Regular Record Dates			Each January 1 and July 1
Interest Payment Dates			Each January 15 and July 15
Redemption Date			None
Agents Commission			None
Form of Note: (Book-Entry or Certificated)			Certificated
Other Terms			None
Medium-Term Notes, Series D may be issued by the Company in an unlimited aggregate principal amount.

Validity of the Medium-Term Note

In the opinion of Hogan Lovells US LLP, as counsel to the Company, following (i) receipt by the Company of the consideration for the notes specified in applicable resolutions of the board of directors of the Company and (ii) the due execution, authentication, issuance and delivery of the notes pursuant to the terms of the indenture and the applicable underwriting, agency or distribution agreement against payment therefor, the notes offered by this pricing supplement will constitute valid and binding obligations of the Company, subject to the effect of (a) bankruptcy, insolvency, reorganization, receivership, moratorium and other laws affecting creditors’ rights and remedies (including, without limitation, the effect of statutory and other law regarding fraudulent conveyances and fraudulent, preferential or voidable transfers), and (b) the exercise of judicial discretion and the application of principles of equity, good faith, fair dealing, reasonableness, conscionability and materiality (regardless of whether the applicable agreements are considered in a proceeding in equity or at law), including, without limitation, principles limiting the availability of specific performance and injunctive relief.

This opinion is based as to matters of law solely on applicable provisions of the following, as currently in effect: (i) the District of Columbia General Cooperative Association Act of 2010 and (ii) the laws of the State of New York (but not including any laws, statutes, ordinances, administrative decisions, rules or regulations of any political subdivision below the state level). In addition, this opinion is subject to customary assumptions about the trustee’s authorization, execution and delivery of the indenture and its authentication of the notes and the validity, binding nature and enforceability of the indenture with respect to the trustee, all as stated in the letter of such counsel dated October 27, 2023, which has been filed as an exhibit to a Current Report on Form 8-K by the Company on October 27, 2023.