NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ (NRUC) Form 424B3 — Aug 24, 2026
National Rural Utilities Cooperative Finance Corp priced Pricing Supplement No. 656 on August 24, 2026, for a $177,000.00 offering of 4.450% senior unsecured InterNotes due August 15, 2031, sold at 100.000% of face with net proceeds of $174,787.50 after a 1.250% gross concession. The notes pay interest monthly beginning September 15, 2026 with a first coupon of $2.22, are non-callable, carry a $1,000 minimum denomination, and include a survivor's option, ranking as senior unsecured obligations under CUSIP 63743F4H6.
Key figures
- Debt Amount
- 177000
- Interest Rate
- 4.45
- Maturity Date
- 2031-08-15
- Gross Proceeds
- 177000
- Cusip
- 63743F4H6
- Filing Fee
- 24.44
- Settle Date
- 2026-08-27
- Callability
- Non-callable
- Selling Price
- 100.000% of face
- Product Ranking
- Senior Unsecured Notes
- Survivor Option
- Yes
- Coupon Frequency
- Monthly
- First Coupon Date
- 2026-09-15
- Gross Concession
- 1.250%
- First Coupon Amount
- 2.22
- Minimum Denomination
- $1,000.00
AI analysis
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