National Rural Utilities Finance Corp. Issues $1.4M in Medium-Term Notes
Summary
National Rural Utilities Cooperative Finance Corporation announced a $1.4 million debt offering through Medium-Term Notes, Series D, maturing in January 2027.
Key Events
-
Debt Offering Announced
The company issued $1.4 million in Medium-Term Notes, Series D, with an issue price of 100% of the principal amount.
-
Note Details
The notes mature on January 15, 2027, and carry an interest rate of 3.67% per annum.
Analysis
National Rural Utilities Cooperative Finance Corporation has issued $1.4 million in Medium-Term Notes, Series D. This debt offering provides capital to the company, which is a standard financing activity for a cooperative finance corporation. The notes are priced at par and carry a 3.67% interest rate, maturing in just over a year, indicating a routine and stable financing transaction.
At the time of this filing, NRUC was trading at $23.66 on NYSE in the Finance sector. The 52-week trading range was $22.38 to $25.75. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.