---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-128547"
form_type: "8-K"
ticker: "NRUC"
cik: "0000070502"
company_name: "NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/"
filed_at: "2022-12-20T23:59:59+00:00"
generated_at: "2026-06-21T02:08:42.084200+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CFC secures $750M Series T loan facility from U.S. Treasury's FFB

## Summary
- $750M committed Series T loan facility from U.S. Treasury FFB, guaranteed by Rural Utilities Service.
- Borrowing available until July 15, 2027; each advance matures up to 30 years from draw.
- Interest spread over Treasuries: 42.5 bps (≤10 yr) or 55 bps (>10 yr); includes 30 bps USDA fee.
- Total committed FFB loan facilities increased to $1,525 million.
- Proceeds for utility infrastructure loans or refinancing under Rural Electrification Act.

## SEC filing metadata
- accession: 0001104659-22-128547
- form_type: 8-K
- ticker: NRUC
- cik: 0000070502
- company_name: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/
- filed_at: 2022-12-20T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/70502/000110465922128547/0001104659-22-128547-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/70502/000110465922128547/tm2233124d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-128547
- JSON: https://secwatch.observer/filing/0001104659-22-128547.json
- Plain text: https://secwatch.observer/filing/0001104659-22-128547.txt

## Key facts
- Material Agreements
  NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ entered into a credit facility with Federal Financing Bank valued at $750 million (effective 2022-12-15).
  - Action: entry
  - Agreement: credit facility
  - Counterparty: Federal Financing Bank
  - Value: $750 million
  - Effective: 2022-12-15
  source text: On December 15, 2022, National Rural Utilities Cooperative Finance Corporation (“CFC”) closed on a $750 million Series T 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_url: https://www.sec.gov/Archives/edgar/data/70502/000110465922128547/0001104659-22-128547-index.htm

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