Recent Updates — NRUC

National Rural Utilities Cooperative Finance Corporation filed a prospectus supplement with the SEC on October 16, 2026, establishing a shelf registration statement under which it may offer and sell an unlimited aggregate principal amount of various debt instruments from time to time. The filing includes agency agreements for Medium-Term Notes (Series D), InterNotes, Retail Subordinated Notes, and Member Capital Securities (Series 2026). These programs allow the company to issue fixed and floating rate certificates directly to members or through underwriters. This is a routine shelf registration update providing ongoing access to capital markets rather than a specific immediate issuance of funds. The company operates as a finance corporation serving rural electric and telephone cooperatives.

National Rural Utilities Cooperative Finance Corporation announced the redemption of all $400 million of its 5.60% Medium-Term Notes due 2026 on October 13, 2026. The notes will be redeemed at par plus accrued interest to reduce interest expense, with payment funded by cash on hand. This financial services company provides capital and risk management solutions to rural electric cooperatives.

National Rural Utilities Cooperative Finance Corporation elected Brent McRae as President on June 15, 2026. Mr. McRae's background includes serving as a director for McCone Electric Cooperative, Inc. and the Montana Electric Cooperatives' Association, Inc. National Rural Utilities Cooperative Finance Corporation operates in the utility sector, providing financing for rural electric cooperatives.