Welcome to our dedicated page for National Rural Utilities Cooperative Finance SEC filings (Ticker: NRUC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
National Rural Utilities Cooperative Finance Corporation filings document the financing structure and public debt disclosures of CFC, including the 5.50% Subordinated Notes due 2064 traded under NRUC. Form 8-K reports cover material financing events such as revolving credit agreement amendments, a Federal Financing Bank committed loan facility guaranteed through the Rural Utilities Service, and redemptions of medium-term notes, InterNotes and subordinated notes.
The issuer’s regulatory record also identifies registered debt classes, exchange listings, governance changes, and forward-looking risk disclosures referenced in its annual and quarterly reports. These filings frame CFC as a nonprofit finance cooperative serving America’s electric cooperative network.
National Rural Utilities Cooperative Finance Corp. (NRUC) filed Pricing Supplement No. 638 for a new InterNotes® offering of senior unsecured notes (CUSIP 63743F3P9). The notes are non-callable, carry a fixed 4.050% coupon paid monthly, and mature on 15 July 2027. Investors purchasing at the 100.000% offering price will receive their first coupon of $2.36 on 15 August 2025. The minimum purchase is $1,000 in $1,000 increments. A survivor’s option is included, allowing early redemption upon the holder’s death. The trade date is set for 21 July 2025 with settlement on 24 July 2025. Distribution will be handled through DTC book entry; InspereX LLC, Citigroup Global Markets Inc., Wells Fargo Clearing Services LLC and RBC Capital Markets LLC act as agents, and U.S. Bank Trust Company, National Association serves as trustee.
The filing discloses a 0.550% selling concession; net proceeds amounts are not specified. The offering is made under the base prospectus dated 24 October 2023 and prospectus supplement dated 27 October 2023.
National Rural Utilities Cooperative Finance Corporation (NRUC) filed a Rule 424(b)(3) pricing supplement for the issuance of Medium-Term Notes, Series D. The specific tranche described is a $2.0 million certificated note priced at 100% of face value with a fixed coupon of 4.30% per annum. The notes will be issued on 15 July 2025 and mature on 15 May 2026; interest is paid semi-annually on 15 January and 15 July, with record dates on the first of those months. There is no call or redemption option prior to maturity and no selling concession or agent commission disclosed for this tranche.
The filing reiterates that Series D notes may be issued in an unlimited aggregate principal amount, signalling an ongoing shelf program that NRUC can draw upon as funding needs arise. Hogan Lovells US LLP provided the customary legal opinion affirming that, once properly executed and delivered, the notes will constitute valid and binding obligations of the company, subject to standard bankruptcy and equitable-principles exceptions under District of Columbia cooperative law and New York law.
Key Terms
- Principal Amount (this tranche): $2,000,000
- Coupon: 4.30%
- Issue Date: 15 Jul 2025
- Maturity Date: 15 May 2026
- Form: Certificated
- Redemption: None
Because the filing covers a relatively small principal amount within a larger open-ended program and contains no operational or earnings information, the immediate financial impact for investors appears limited. Nevertheless, it provides insight into NRUC’s short-term funding strategy and current borrowing costs.
National Rural Utilities Cooperative Finance Corporation (NRUC) has filed Pricing Supplement No. 10289 under Rule 424(b)(3) for the issuance of Medium-Term Notes, Series D.
- Principal amount: US$250,000, priced at 100% of par
- Coupon: 4.29% fixed, paid semi-annually on January 15 and July 15; record dates are January 1 and July 1
- Issue date: July 15 2025; Maturity: June 15 2026 (roughly 11-month tenor)
- Form: Certificated note; no redemption option before maturity
- Agents’ commission: None, indicating direct placement
The legal opinion from Hogan Lovells US LLP states that, upon proper execution and receipt of consideration, the notes will constitute valid and binding obligations of NRUC, subject to customary bankruptcy and equitable principles. The opinion is limited to District of Columbia and New York law.
Series D notes may be issued in an unlimited aggregate principal amount; however, this supplement covers only the US$250k tranche detailed above. No additional financial metrics, covenants, or use-of-proceeds information is provided in the filing.