---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-073014"
form_type: "8-K"
ticker: "NRUC"
cik: "0000070502"
company_name: "NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/"
filed_at: "2022-06-21T23:59:59+00:00"
generated_at: "2026-06-25T00:38:00.816337+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# CFC expands Farmer Mac secured note facility to $6B and extends draw period to 2027

## Summary
- Maximum Purchase Amount raised from $5.5B to $6.0B.
- Draw period extended to June 30, 2027, with automatic one-year renewals unless 425 days’ notice.
- As of June 20, 2022, $3.1B of secured notes outstanding under the facility.
- Counterparty: Farmer Mac Mortgage Securities Corp, guaranteed by Farmer Mac.

## SEC filing metadata
- accession: 0001104659-22-073014
- form_type: 8-K
- ticker: NRUC
- cik: 0000070502
- company_name: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
- filed_at: 2022-06-21T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70502/000110465922073014/0001104659-22-073014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70502/000110465922073014/tm2218999d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-073014
- JSON: https://secwatch.observer/filing/0001104659-22-073014.json
- Plain text: https://secwatch.observer/filing/0001104659-22-073014.txt

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