---
schema_version: "secwatch.filing_event.v1"
accession: "0000070502-26-000236"
form_type: "8-K"
ticker: "NRUC"
cik: "0000070502"
company_name: "NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/"
filed_at: "2026-03-20T23:59:59+00:00"
generated_at: "2026-05-15T09:32:35.432818+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFC to redeem $350M of 5.25% Subordinated Notes due 2046 on April 20, 2026 at par

## Summary
- CFC will redeem all $350M principal of its 5.25% Fixed-to-Floating Rate Subordinated Notes due 2046 (CUSIP 637432NK7).
- Redemption date is April 20, 2026; notes will be redeemed at par plus accrued interest.
- Redemption funded with cash on hand; purpose is to reduce interest expense.
- The 2046 notes trade under symbol NRUC on NYSE; the 2026 collateral trust bonds trade as NRUC 26.

## SEC filing metadata
- accession: 0000070502-26-000236
- form_type: 8-K
- ticker: NRUC
- cik: 0000070502
- company_name: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
- filed_at: 2026-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70502/000007050226000236/0000070502-26-000236-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70502/000007050226000236/nru-20260320.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000070502-26-000236
- JSON: https://secwatch.observer/filing/0000070502-26-000236.json
- Plain text: https://secwatch.observer/filing/0000070502-26-000236.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.