CFC Launches New Investment Product to Retail Investors

CFC is excited to announce the launch of a Retail Subordinated Notes program, which will allow it to issue subordinated deferrable notes from time to time to retail investors. 

“Adding Retail Subordinated Notes to our funding mix allows us to diversify our investor base and access the market more frequently,” CFC Senior Vice President and Chief Financial Officer Ling Wang said. “This additional funding source provides CFC with greater financial flexibility, enhancing our ability to meet our members’ financing needs.”

CFC Increases MCS Rate

CFC is pleased to announce that it has increased its Member Capital Securities (MCS) interest rate to 5.75% from 5.50% for new investments. The maturity is 30 years, with a non-call period of five years. MCS allow members to make long-term investments to CFC, which strengthens CFC’s capital base.

The new MCS rate is currently higher than the rates offered on CFC’s other investment products, including comparable 30-year Medium-Term Note coupons. Members can purchase MCS with a minimum of $25,000. For more information, visit the CFC Member Website MCS page or contact the CFC Member Center.  

CFC has filed registration statements (including prospectuses) with the U.S. Securities and Exchange Commission (SEC) for the Retail Subordinated Notes and MCS offerings. Before you invest in any CFC security, you should read the prospectus and other documents, including CFC’s most recent Annual Report on Form 10-K, as filed with the SEC, for more complete information about CFC and its securities. You can get a free copy of documents by visiting www.nrucfc.coop or www.sec.gov.