0000070502-18-000027.txt : 20180412 0000070502-18-000027.hdr.sgml : 20180412 20180412155519 ACCESSION NUMBER: 0000070502-18-000027 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20180412 DATE AS OF CHANGE: 20180412 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ CENTRAL INDEX KEY: 0000070502 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] IRS NUMBER: 520891669 STATE OF INCORPORATION: DC FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-221261 FILM NUMBER: 18752101 BUSINESS ADDRESS: STREET 1: 20701 COOPERATIVE WAY CITY: DULLES STATE: VA ZIP: 20166-6691 BUSINESS PHONE: 7034671800 MAIL ADDRESS: STREET 1: 20701 COOPERATIVE WAY CITY: DULLES STATE: VA ZIP: 20166-6691 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ CENTRAL INDEX KEY: 0000070502 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] IRS NUMBER: 520891669 STATE OF INCORPORATION: DC FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 20701 COOPERATIVE WAY CITY: DULLES STATE: VA ZIP: 20166-6691 BUSINESS PHONE: 7034671800 MAIL ADDRESS: STREET 1: 20701 COOPERATIVE WAY CITY: DULLES STATE: VA ZIP: 20166-6691 FWP 1 mtnapril2018fwp.htm MTN APRIL 2018 FREE WRITING PROSPECTUS Document


Filed Pursuant to Rule 433 under the Securities Act
Registration Statement No. 333-221261
Issuer Free Writing Prospectus dated April 12, 2018
CUSIP #: 63743HER9

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION

Medium-Term Notes, Series D
With Maturities of Nine Months or More from Date of Issue

Fixed Rate Notes
Issuer:
National Rural Utilities Cooperative Finance Corporation
 
 
Issuer Ratings:
A2 / A / A (Moodys / S&P / Fitch)
 
 
Principal Amount:
$150,000,000
 
 
Reopening:

These Fixed Rate Notes are expected to be fungible with National Rural Utilities Cooperative Finance Corporation’s outstanding $300,000,000 Fixed Rate Notes issued on February 26, 2018. It is expected that the Fixed Rate Notes offered hereby will have the same interest rate, maturity date and CUSIP number. As a result, the aggregate principal amount of the series of Fixed Rate Notes, after issuance of the Fixed Rate Notes offered hereby, will be $450,000,000.
 
 
Interest Rate:
2.90%
 
 
Security Type:
Senior Unsecured
 
 
Issue Price:
99.577% of Principal Amount, plus accrued interest from and including February 26, 2018 to but excluding April 19, 2018. The total amount of accrued interest on April 19, 2018 will be $640,416.67.
 
 
Trade Date:
April 12, 2018
 
 
Original Issue Date:
April 19, 2018
 
 
Maturity Date:
March 15, 2021
 
 
Benchmark Treasury:
2.375% due March 15, 2021
 
 
Benchmark Treasury Yield:
2.472%
 
 
Spread to Benchmark Treasury:
+58 basis points
 
 
Yield to Maturity:
3.052%
 
 
Interest Payment Dates:
Each March 15 and September 15, and the maturity date, commencing September 15, 2018. The interest payment made on September 15, 2018 will include accrued interest from February 26, 2018.
 
 
Regular Record Dates:
Each March 1 and September 1
 
 
Payment at Maturity:
The payment at maturity will be 100% of the Principal Amount plus accrued and unpaid interest, if any
 
 
Redemption Date:
None
 
 
Agent's Discount or Commission:
0.15%
 
 
Basis:
As Principal
 
 
Agent(s):
RBC Capital Markets, LLC
 
 
Form of Note:
Book-Entry
(Book-Entry or Certificated)
 
 
 
Denominations:
$2,000 x $1,000
 
 
Other Terms:
None




Note: A securities rating is not a recommendation to buy, sell, or hold securities and may be subject to revision or withdrawal at any time.

The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus for this offering in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR®) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from RBC Capital Markets, LLC by calling toll-free at 1-866-375-6829.