NRUC prices $750K Series D notes at 4.20%
National Rural Utilities Cooperative Finance Corporation is issuing $750,000 in Medium-Term Notes, Series D, with an original issue date of May 15, 2026 and a maturity date of May 15, 2028.
Rhea-AI Filing Summary
National Rural Utilities Cooperative Finance Corporation is issuing $750,000 in Medium-Term Notes, Series D, with an original issue date of May 15, 2026 and a maturity date of May 15, 2028. The notes carry a 4.20% per annum interest rate, pay interest each January 15 and July 15, and were issued at 100% of principal.
The pricing supplement is dated May 12, 2026 and the accompanying legal opinion states the notes will be valid obligations subject to customary bankruptcy and equitable-law limitations.
Positive
- None.
Negative
- None.
Key Figures
Principal Amount: $750,000
Interest Rate: 4.20% per annum
Original Issue Date: May 15, 2026
+4 more
7 metrics
Principal Amount
$750,000
Principal Amount per pricing supplement
Interest Rate
4.20% per annum
Stated interest rate for Series D notes
Original Issue Date
May 15, 2026
Original Issue Date in pricing supplement
Maturity Date
May 15, 2028
Maturity date for Series D notes
Issue Price
100% of Principal Amount
Issue price shown on pricing supplement
Interest Payment Dates
January 15 and July 15
Regular interest payment schedule
Record Dates
January 1 and July 1
Regular record dates for interest payments
Key Terms
Medium-Term Notes, Pricing Supplement, Issue Price, Record Dates, +1 more
5 terms
Medium-Term Notes financial
"Medium-Term Notes, Series D Due Nine Months or More"
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.
Pricing Supplement regulatory
"Pricing Supplement No. | 10573 Pricing Supplement Date | May 12, 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.
Issue Price financial
"Issue Price | 100% of Principal Amount"
The issue price is the amount of money investors pay to buy a new security, such as a stock or bond, when it is first offered to the public. It matters to investors because it determines their initial cost and potential future gains or losses, similar to paying a set price for a new product before it hits stores. The issue price helps establish the value of the security at the start of its trading life.
Record Dates financial
"Regular Record Dates | Each January 1 and July 1"
A record date is the specific day a company uses as a snapshot to determine which shareholders are officially entitled to a corporate action — for example receiving a dividend, voting at a meeting, or getting rights in an offering. Think of it like a classroom roll call: only the people listed at that moment qualify, so investors must own shares before related cutoff dates to be included, making it important for timing trades and income planning.
Indenture legal
"execution, 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What securities did NRUC issue in this pricing supplement?
NRUC issued $750,000 in Medium-Term Notes, Series D. The pricing supplement lists an original issue date of May 15, 2026, maturity of May 15, 2028, and an issue price of 100% of principal.
What is the interest rate and payment schedule for NRUC's Series D notes?
The Series D notes bear interest at 4.20% per annum. Interest is payable each January 15 and July 15, with record dates on January 1 and July 1 for payment entitlement.
When were the NRUC pricing and prospectus supplements dated?
The pricing supplement is dated May 12, 2026. The prospectus supplement cited is dated October 27, 2023 and the base prospectus date is October 24, 2023.
What is the stated issue price and principal amount for the offering?
The offering shows a principal amount of $750,000 with an issue price of 100% of principal amount, indicating the notes were sold at par per the pricing supplement.
Does the pricing supplement include any agent commissions or redemption right?
The supplement lists no agents commission. It also states Redemption Date: None, indicating no scheduled early redemption date is provided in this excerpt.
AI-generated analysis. How Rhea-AI works. Not financial advice.
