Every 8-K 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 24 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 8-K covers material events a company has to report between its quarterly reports, 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 CORP (NRUC) announced that it will redeem all $400 million of its 5.60% Medium-Term Notes due 2026 on October 13, 2026. The notes will be redeemed at par plus accrued interest, and principal and interest will be paid using cash on hand.
The company states that this early redemption is being effected to reduce interest expense. This action retires a sizable fixed-rate debt obligation ahead of its stated maturity, potentially lowering ongoing financing costs.
National Rural Utilities Cooperative Finance Corporation reported a leadership change. On June 15, 2026, its Board of Directors elected Brent McRae, age 66, as President. McRae brings long experience in the rural electric cooperative sector, including service as a director of McCone Electric Cooperative since 2009 and leadership roles in Montana cooperative associations.
National Rural Utilities Cooperative Finance Corporation plans to redeem all $350 million of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2046. The notes will be redeemed on April 20, 2026 at par plus accrued interest and will be paid using cash on hand.
The company states that this redemption is being undertaken to reduce interest expense, meaning it will eliminate future coupon payments on these higher-cost subordinated notes.
National Rural Utilities Cooperative Finance Corporation plans to redeem all $600 million of its 4.45% Medium-Term Notes due 2026 on March 6, 2026. The notes will be redeemed at par plus accrued interest, and the company intends to fund principal and interest payments with cash on hand.
The redemption is being carried out to reduce interest expense, indicating a proactive approach to managing borrowing costs and balance sheet structure.
National Rural Utilities Cooperative Finance Corporation closed a new $450 million Series W committed loan facility with the U.S. Treasury’s Federal Financing Bank, guaranteed by the United States of America through the Rural Utilities Service. CFC may borrow under this facility until July 15, 2030, with each advance maturing up to 30 years from its date.
Interest on these advances will be set at a spread over comparable Treasury bonds, at 42.5 basis points for maturities of 10 years or less and 55 basis points for longer maturities. This commitment raises CFC’s total funding available under Federal Financing Bank committed loan facilities to $1.8 billion, to support loans and refinancing for eligible utility infrastructure under the Rural Electrification Act of 1936.
CFC also amended its Agency Agreement for Medium-Term Notes, Series D, removing Scotia Capital (USA) Inc. as an agent and adding BMO Capital Markets Corp., FNB America Securities LLC, Huntington Securities, Inc. and M&T Securities Inc. as agents.
National Rural Utilities Cooperative Finance Corporation (NRUC) amended its three-year and four-year revolving credit agreements. The amendments extend the three-year facility’s maturity to November 28, 2028 and the four-year facility’s maturity to November 28, 2029, remove the credit spread adjustment in Term SOFR tenors, and adjust commitments.
Commitments increased by $150 million under the three-year facility and $50 million under the four-year facility, while $150 million of commitments scheduled to mature on November 28, 2026 were terminated under the four-year facility. Commitments of $50 million under the three-year facility will continue to expire on the prior maturity date of November 28, 2027. As of the date hereof, total commitments are $1,745 million (three-year) and $1,755 million (four-year), for $3,500 million in aggregate, with $3,493 million available due to letter of credit issuances.
National Rural Utilities Cooperative Finance Corporation (NRUC) will redeem the remaining $250 million of its 4.75% Fixed-to-Floating Rate Subordinated Notes due April 30, 2043 on December 11, 2025. The notes will be redeemed at par plus accrued interest and identified by CUSIP 637432MT9. The company states the redemption is being undertaken to reduce interest expense, with principal and accrued interest to be paid using cash on hand.
National Rural Utilities Cooperative Finance Corp. (NRUC) announced a debt redemption. The company will redeem an aggregate principal amount of $9,067,000 of its InterNotes on November 15, 2025. The notes will be redeemed at par plus accrued interest.
CFC states the redemption is being effected to reduce interest expense, with the principal and accrued interest to be paid using cash on hand. The action trims outstanding InterNotes and modestly lowers future interest costs without raising new capital or changing existing exchange-listed bonds, which remain outstanding.