{"schema_version":"secwatch.filing_event.v1","accession":"0000070502-23-000046","form_type":"8-K","ticker":"NRUC","cik":"0000070502","company_name":"NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/","filed_at":"2023-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.773745+00:00","generated_at":"2026-06-07T10:14:23.451567+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"NRUC closes $450M FFB loan facility; total FFB committed facilities reach $1.2B","bullets":["$450 million committed loan facility from U.S. Treasury's FFB, guaranteed by USDA Rural Utilities Service.","Advances available until July 15, 2028; each advance maturity up to 30 years.","Interest rate spread: 42.5 bps for maturities <=10 yrs, 55 bps for >10 yrs, over comparable Treasuries.","30 bps of fees support USDA Rural Economic Development Loan and Grant Program.","Proceeds to finance eligible rural utility infrastructure or refinance existing bonds/notes."],"urls":{"canonical":"https://secwatch.observer/filing/0000070502-23-000046","json":"https://secwatch.observer/filing/0000070502-23-000046.json","markdown":"https://secwatch.observer/filing/0000070502-23-000046.md","text":"https://secwatch.observer/filing/0000070502-23-000046.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/70502/000007050223000046/0000070502-23-000046-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/70502/000007050223000046/nru-20231219.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T10:14:23.451567+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2d571a6ffc1588057dd9642cda234fd18c9b7fce","claim":"NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ entered into Series U committed loan facility with U.S. Treasury Department's Federal Financing Bank (FFB) valued at $450 million (effective 2023-12-19).","evidence_excerpt":"On December 19, 2023, National Rural Utilities Cooperative Finance Corporation (“CFC”) closed on a $450 million Series U committed loan facility from the U.S. Treasury Department’s Federal Financing Bank (“FFB”) guaranteed by the United States of America, acting through the Rural Utilities Service.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/70502/000007050223000046/0000070502-23-000046-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"U.S. Treasury Department's Federal Financing Bank (FFB)"},{"label":"Value","value":"$450 million"},{"label":"Effective","value":"2023-12-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}