National Rural Utilities CFC (NRUC) prices $1.0M note due Dec 15, 2027

Rhea-AI Filing Summary

National Rural Utilities Cooperative Finance Corporation priced a primary issuance of Medium-Term Notes with a $1,000,000.00 principal amount. The notes carry an interest rate of 4.16% per annum, were issued at 100% of principal, and mature on December 15, 2027.

The pricing supplement lists an Original Issue Date of June 2, 2026 and a Trade Date of May 28, 2026. Interest payments are scheduled each January 15 and July 15, with regular record dates of January 1 and July 1.

Insights

Debt Capital Markets Analyst

Simple fixed-rate note issuance with short maturity and standard payment schedule.

The pricing supplement shows a $1,000,000.00 Medium-Term Note issued at par with a 4.16% fixed coupon and a maturity of December 15, 2027. Payment dates are semiannual on January 15 and July 15.

Legal opinion from counsel is included regarding validity under applicable laws. The document does not state use of proceeds or underwriting commissions; subsequent offering documents would provide distribution details.

Key Figures

Principal Amount: $1,000,000.00 Interest Rate: 4.16% per annum Issue Price: 100% of Principal Amount +5 more

8 metrics

Principal Amount $1,000,000.00 stated principal amount of the Medium-Term Note

Interest Rate 4.16% per annum fixed coupon rate for the note

Issue Price 100% of Principal Amount pricing supplement issue price

Maturity Date December 15, 2027 stated maturity of the note

Original Issue Date June 2, 2026 original issuance date listed in supplement

Trade Date May 28, 2026 pricing supplement trade date

Interest Payment Dates Each January 15 and July 15 semiannual interest payment schedule

Record Dates Each January 1 and July 1 regular record dates for interest payments

Key Terms

Medium-Term Notes, Pricing Supplement, Indenture, Agents Commission

4 terms

Medium-Term Notes financial

"Medium-Term Notes, Series D Due Nine Months or More from Date of Issue"

Medium-term notes are debt securities issued by companies, banks or governments that promise to pay interest and return principal at a set date a few years out—typically longer than short-term bills but shorter than long-term bonds. For investors they act like staggered IOUs that provide predictable income and help diversify holdings, but they carry credit and interest-rate risk and can affect a portfolio’s cash flow and stability depending on the issuer’s creditworthiness and the note’s term.

Pricing Supplement regulatory

"Pricing Supplement No. | 10583 Pricing Supplement Date | May 28, 2026"

A pricing supplement is a short, final document that gives the exact terms of a new securities offering—such as the price, interest rate, size and settlement date—building on the broader prospectus. Think of it as the day’s receipt that turns a general menu into the specific order; investors use it to see the concrete deal terms that determine value, yield and whether to buy.

Indenture legal

"execution, authentication, issuance and delivery of the notes pursuant to the terms of the indenture"

An indenture is a legal agreement between a company that borrows money by issuing bonds and the people who buy those bonds. It explains the rules the company must follow, like paying back the money and keeping certain financial promises. This document helps both sides understand their rights and responsibilities.

Agents Commission financial

"Agents Commission | None"

Offering Details

primary

Offering

Offering Type primary

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Available on EDGAR 05/29/2026 - 02:00 PM Accepted by SEC EDGAR 05/29/2026 - 01:59 PM Learn about SEC filing dates

FAQ

What size and term is NRUC's Medium-Term Note?

The supplement states a $1,000,000.00 principal amount with a maturity date of December 15, 2027. The original issue date is June 2, 2026, giving this a short-term medium-note tenor under the issuer program.

What interest rate and issue price were set for the NRUC note?

The notes carry a fixed interest rate of 4.16% per annum and were issued at 100% of principal. Interest is payable semiannually on January 15 and July 15 each year.

When are the record dates and interest payment dates for the note?

Regular record dates are each January 1 and July 1, and interest payment dates are each January 15 and July 15. These schedules are stated in the pricing supplement.

Does the pricing supplement show any agent commissions or redemption feature?

The supplement lists Agents Commission: None and indicates Redemption Date: None. It therefore shows no agent commission and no scheduled redemption feature in the excerpt provided.

What legal assurance is provided for validity of the notes?

Counsel Hogan Lovells US LLP opines the notes will constitute valid and binding obligations following receipt of consideration and proper issuance, subject to bankruptcy and other laws and judicial discretion as described in the opinion text.

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			May 28, 2026
Pricing Supplement No.			10583
Pricing Supplement Date			May 28, 2026
Prospectus Supplement Date			October 27, 2023
Base Prospectus Date			October 24, 2023
Principal Amount			$1,000,000.00
Issue Price			100% of Principal Amount
Original Issue Date			June 2, 2026
Maturity Date			December 15, 2027
Interest Rate			4.16% 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.