Home
 

CFC Collateral Trust Bonds

CFC is required to pledge collateral equal to at least 100% of the outstanding balance of debt issued under the collateral trust bond indentures. CFC pledges distribution mortgage loans and permitted investments under the collateral trust bond indentures. As a result, collateral trust bonds offer investors a direct pledge of electric distribution mortgages.

Current CTB Issuances

Collateral Trust Bonds (CTBs) Overview
Ticker Symbol: NRUC
Most Recent SEC Shelf Filing1: 09/12/13
Current Outstanding: Please refer to NRUCFC's Most Current Financial Report
Underwriters: J.P. Morgan, RBS Securities, RBC Capital Markets, KeyBanc Capital Markets, Mizuho Securities, Mitsubishi UFJ Securities, US Bancorp, Scotia Capital, SunTrust Robinson Humphrey, Inc., PNC Capital Markets LLC
Min Piece/Increment: $1,000/$1,000
Ratings: A1/A+
Interest Payment Dates: Semi-annually according to issue date, unless determined otherwise
Prospectus: Prospectus
CTB Diagram: Diagram

Current CTB Issuances

Cusip Structure Issue Date Final Maturity Date Principal
($ in millions)
Coupon Payment Dates Callable Term Sheet and  Prospectus Supplement
637432MW2 CTB 01/28/14 01/27/17 $300.0 1.10% 1/27, 7/27 MW + 5bps Term Sheet
637432MX0 CTB 01/28/14 02/01/19 $300.0 2.15% 2/1, 8/1 MW + 10bps; 1-month par call
Term Sheet
637432MV4 CTB 11/05/13 11/15/23 $400.0 3.40% 5/15, 11/15 MW + 15bps; 3-month par call Term Sheet

Prospectus
637432MU6 CTB 06/06/13 06/15/20 $400.0 2.35% 6/15, 12/15 MW + 15bps; 1-month par call Term Sheet

Prospectus
637432MS1 CTB 10/16/12 11/01/32 $379.372  4.023%  5/1, 11/1 MW + 20bps; 6-month par call Prospectus
637432MQ5 CTB 02/02/12 02/15/22 $400.0 3.050% 2/15, 8/15 MW+ 20bps; 3-month par call

Term Sheet

Prospectus

637432MP7 CTB 02/02/12 02/02/15 $400.0 1.000% 2/2, 8/2 MW+ 15bps

Term Sheet

Prospectus

637432MN2 CTB
03/01/11 03/01/16 $300.0 3.050% 3/1, 9/1 MW+ 12.5bps Prospectus
637432ML6 CTB 11/01/10 11/01/15 $350.0 1.900% 5/1, 11/1 MW + 15bps Prospectus
637432LS2 CTB 09/16/09 09/16/15 $250.0 3.875% 3/16, 9/16 MW + 30 bps Prospectus
637432LR4 CTB 10/30/08 11/01/18 $1,000.0 10.375% 5/1, 11/1 MW + 50 bps Prospectus
637432KT1 CTB 01/23/08 02/01/18 $700.0 5.450% 2/1, 8/1 MW + 25 bps Prospectus
637432HT5 CTB 04/10/07 04/10/17 $570.0 5.450% 4/1, 10/1 MW + 20 bps Prospectus
637432CG8 CTB 11/04/98 11/01/18 $175.0 6.550% 5/1, 11/1 MW + 15 bps N/A
637432BS3 CTB 11/06/96 11/01/26 $75.0 7.350% 5/1, 11/1 Sinking Fund N/A
637432BK0 CTB 10/06/95 10/01/15 $50.0 7.200% 4/1, 10/1 N/A N/A

1Since National Rural Utilities Cooperative Finance Corporation ("CFC") is a well-known seasoned issuer with the Securities and Exchange Commission ("SEC"), Securities Offering Reform issued by the SEC in July 2005 allows CFC to file a shelf with the SEC with an indeterminate amount of collateral trust bonds being registered as may from time to time be sold at indeterminate prices. CFC may only issue Collateral Trust Bonds up to the amount authorized and approved by the board of directors.

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and other documents CFC has filed with the SEC for more complete information about the issuer and this offering. You can get a free copy of documents by visiting www.nrucfc.coop or at www.sec.gov.