secwatch.observer — SEC 8-K summary
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Issuer:     NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC)
CIK:        0000070502
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0000070502-24-000073
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/70502/000007050224000073/0000070502-24-000073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/70502/000007050224000073/nru-20241218.htm
  HTML page:      https://secwatch.observer/filing/0000070502-24-000073

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