CUSIP Number
|
Principal Amount
|
Selling Price
|
Gross Concession
|
Net Proceeds
|
Coupon Type
|
Coupon Rate
|
Coupon Frequency
|
Maturity Date
|
1st
Coupon Date
|
1st
Coupon Amount
|
Survivor's Option
|
Product Ranking
|
63743FT55
|
$152,000.00
|
100.000%
|
1.550%
|
$149,644.00
|
Fixed
|
4.200%
|
Monthly
|
09/15/2030
|
10/15/2022
|
$1.87
|
Yes
|
Senior
Unsecured Notes
|
National Rural Utilities Cooperative
Finance Corp
|
Offering Date: Monday, September 19,
2022 through Monday, September 26, 2022
Trade Date: Monday,
September 26, 2022 @12:00 PM
ET
Settle Date: Thursday,
September 29,
2022
Minimum
Denomination/Increments:$1,000.00/$1,000.00
Initial trades settle flat and clear
SDFS: DTC Book Entry only
DTC Number: 0235 via RBC Dain
Rauscher Inc.
Agents: InspereX LLC,
Citigroup, Wells Fargo Advisors, RBC Capital Markets
Trustee: U.S. Bank National
Association
If the maturity date or an interest
payment date for any note is not a business day (as term is defined
in prospectus), principal, premium, if any, and interest for that
note is paid on the next business day, and no interest will accrue
from, and after, the maturity date or interest payment
date.
Validity of the Notes
In the opinion of Hogan Lovells US
LLP, as counsel to the Company, when the notes offered by this
pricing supplement have been executed and issued by the Company and
authenticated by the trustee pursuant to the indenture, and
delivered against payment as contemplated herein, such notes will
constitute valid and binding obligations of the Company, subject to
the effect of (a) bankruptcy, insolvency, reorganization,
receivership, moratorium and other laws affecting creditors' rights
(including, without limitation, the effect of statutory and other
law regarding fraudulent conveyances, fraudulent transfers and
preferential transfers), and (b) the exercise of judicial
discretion and the application of principles of equity, good faith,
fair dealing, reasonableness, conscionability and materiality
(regardless of whether the applicable agreements are considered in
a proceeding in equity or at law).
This opinion is based as to matters
of law solely on applicable provisions of the following, as
currently in effect: (i) the District of Columbia General
Cooperative Association Act of 2010 (the "Cooperative
Association Act") and (ii) the laws of the State of New York
(but not including any laws, statutes, ordinances, administrative
decisions, rules or regulations of any political subdivision below
the state level). In addition, this opinion is subject to customary
assumptions about the trustee's authorization, execution and
delivery of the indenture and its authentication of the notes and
the validity, binding nature and enforceability of the indenture
with respect to the trustee, all as stated in the letter of such
counsel dated October 30, 2020, which has been filed as an exhibit
to a Current Report on Form 8-K by the Company on October 30,
2020.
InterNotes® is a registered trademark of
InspereX Holdings LLC. All Rights
Reserved.
|
National Rural
Utilities Cooperative Finance Corp
Prospectus Dated
October 28, 2020 and
Prospectus
Supplement Dated October 30, 2020
|
|
Security
Type
|
Security
Class Title
|
Fee
Calculation or Carry Forward Rule
|
Amount
Registered
|
Proposed
Maximum Offering Price Per Unit
|
Maximum
Aggregate Offering Price
|
Fee
Rate
|
Amount
of Registration Fee
|
Fees to
Be Paid
|
Debt
|
4.200%
InterNotes® Due September 15, 2030
|
457(r)
|
$152,000
|
100%
|
$152,000
|
0.0000927
|
$14.09
|
|
|
|
|
|
|
|
|
|
|
Total
Offering Amount
|
|
|
$152,000
|
|
|
||
|
Net Fee
Due
|
|
|
|
|
$14.09
|