CFC Offers Promotional Rates on Some MTN Investments

CFC has launched a limited window for members to earn higher yields on longer-dated Medium-Term Note (MTN) investments. Now through May 20, members can earn 10 to 15 basis points more on MTN investments with maturities of 18 to 24 months, compared with standard MTN rates at similar maturities.

“This is a win on both sides of the balance sheet. Our members can earn a better return on idle cash, and at the same time, those funds directly support CFC’s funding needs,” Chief Financial Officer Ling Wang said. “Member investment plays an integral role in our overall funding strategy, and strengthening that base allows us to be less dependent on the capital markets.”

Longer-dated investments allow members to lock in higher rates for a set period while also helping CFC better manage funding risk. To be eligible, investments must be placed by May 20.

Members can contact the Member Center at 800-424-2955 or MemberCenter@nrucfc.coop to start investing today.