National Rural Utilities Cooperative Finance Corporation (CFC), founded in 1969 and headquartered in Dulles, Virginia, serves as a financial cooperative dedicated to providing financing and related services to rural utility systems across the United States. CFC plays a crucial role in supporting the development and sustainability of electric, telecommunications, and water utilities, offering a diverse range of products including loans, credit facilities, and financial advisory services tailored to the unique needs of its members.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
CFC first began issuing bonds shortly after its inception, establishing itself as a significant player in the municipal bond market. Over the years, it has executed substantial bond issuances, including a notable $1 billion offering in 2020 to advance rural infrastructure projects. Current yields on CFC bonds remain competitive within the industry, providing investors with attractive options. The bonds often feature strong covenants and are frequently rated by major credit agencies, enhancing their appeal to retail investors seeking stable returns.