NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORP /DC/ 8-K

What Happened
National Rural Utilities Cooperative Finance Corporation (CFC) announced it will redeem all $600 million of its 4.45% Medium‑Term Notes due 2026. Notice was provided on February 6, 2026, and the redemption is scheduled for March 6, 2026. The notes (CUSIP 63743HFH0) will be redeemed at par plus accrued interest, and the principal and accrued interest will be paid with cash on hand. CFC said the redemption is being done to reduce interest expense. The Form 8‑K was filed February 10, 2026 and signed by CFO Yu Ling Wang.

Key Details

• Total redeemed: $600,000,000 of 4.45% Medium‑Term Notes (due 2026).
• Redemption date: March 6, 2026; notice provided February 6, 2026.
• Redemption price: par (100%) plus accrued interest to the redemption date.
• Payment source: cash on hand; stated purpose is to reduce interest expense.
• CUSIP: 63743HFH0.

Why It Matters
This action removes $600 million of near‑term debt from CFC’s balance sheet and replaces the obligation with a cash outflow at the redemption date. For investors, the key points are the likely reduction in future interest expense (CFC’s stated intent) and the immediate use of cash to settle the debt. The filing does not disclose additional financing or changes to operating results; any further impact will depend on CFC’s remaining liquidity and whether it refinances, repays, or otherwise manages its remaining debt.