0001654954-24-007691.txt : 20240613 0001654954-24-007691.hdr.sgml : 20240613 20240613093730 ACCESSION NUMBER: 0001654954-24-007691 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240613 DATE AS OF CHANGE: 20240613 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ CENTRAL INDEX KEY: 0000070502 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS BUSINESS CREDIT INSTITUTION [6159] ORGANIZATION NAME: 02 Finance IRS NUMBER: 520891669 STATE OF INCORPORATION: DC FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-275151 FILM NUMBER: 241040169 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 424B3 1 ps9867.htm PS9867 Blueprint

  Rule 424 (b)(3)
  Registration No.: 333-275151


 
                      NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION
                                                          Medium-Term Notes, Series D
                                              Due Nine Months or More from Date of Issue
 
 
  Trade Date
  June 11, 2024
  Pricing Supplement No.
  9867
  Pricing Supplement Date
  June 11, 2024
  Prospectus Supplement Date
  October 27, 2023
  Base Prospectus Date
  October 24, 2023

 
  Principal Amount
  $5,000,000.00
  Issue Price
  100% of Principal Amount
  Original Issue Date
  June 14, 2024
  Maturity Date
  April 15, 2025
  Interest Rate
  5.63% per annum
  Regular Record Dates
  Each January 1 and July 1
  Interest Payment Dates
  Each January 15 and July 15
  Redemption Date
  None
  Agents Commission
  None
  Form of Note  (Book-Entry or Certificated)
  Certificated
  Other Terms
  None
 
 
Medium-Term Notes, Series D may be issued by the Company in an unlimited aggregate principal amount.
 
Validity of the Medium-Term Note
 
In the opinion of Hogan Lovells US LLP, as counsel to the Company, following (i) receipt by the Company of the consideration for the notes specified in applicable resolutions of the board of directors of the Company and (ii) the due execution, authentication, issuance and delivery of the notes pursuant to the terms of the indenture and the applicable underwriting, agency or distribution agreement against payment therefor, the notes offered by this pricing supplement 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 and remedies (including, without limitation, the effect of statutory and other law regarding fraudulent conveyances and fraudulent, preferential or voidable 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), including, without limitation, principles limiting the availability of specific performance and injunctive relief.
 
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 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 27, 2023, which has been filed as an exhibit to a Current Report on Form 8-K by the Company on October 27, 2023.
 
 
EX-FILING FEES 2 FeeExhibit_ps9867.htm FEE TAGGING EXHIBIT filingfeetableinternotes_
 
 
Calculation of Filing Fee Table
 
 
 
424(b)(3)
 
(Form Type)
 
 
 
National Rural Utilities Cooperative Finance Corporation
 
(Exact Name of Registrant as Specified in its Charter)
 
 
Table 1: Newly Registered Securities
 
 
 
 
 
 
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
Medium-Term Notes, Series D
 
457(r)
$5,000,000.00
100%
 $5,000,000.00
0.0001476
  $738.00
 
Total Offering Amount
 
 
  $5,000,000.00
 
 
 
Net Fee Due
 
 
 
 
   $738.00