CFC closes $450M committed loan facility from U.S. Treasury's FFB

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/

New $450M Series V loan facility from Federal Financing Bank, guaranteed by U.S. through Rural Utilities Service.
Advances available before July 15, 2029; each advance matures up to 30 years from draw date.
Interest rate spread over comparable Treasuries: 42.5 bps (≤10 yrs) or 55 bps (>10 yrs); 30 bps fee funds USDA rural development.
Total FFB committed funding increases to $1.65 billion.
Proceeds support rural utility infrastructure loans or refinancing of eligible bonds/notes.

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