National Rural Utilities Cooperative Finance Corporation

04/12/2021 | Press release | Distributed by Public on 04/12/2021 10:35

Supplemental Prospectus (SEC Filing - 424B3)

Blueprint



Filed Under Rule 424(b)(3), Registration Statement No. 333-249702
Pricing Supplement Number 502 - Dated Monday, April 12, 2021
(To: Prospectus Dated October 28, 2020 and Prospectus Supplement Dated October 30, 2020)
CUSIP Number
Principal Amount
Selling Price
Gross Concession
Net Proceeds
Coupon Type
Coupon Rate
Coupon Frequency
Maturity Date
1stCoupon Date
1stCoupon Amount
Survivor's Option
Product Ranking
63743FL95
[]
100.000%
1.650%
[]
Fixed
1.950%
Monthly
10/15/2029
05/15/2021
$1.25
Yes
Senior Unsecured Notes
Redemption Information:Callable at 100% on 4/15/2022 and Monthly Thereafter with 30 Calendar Days' Notice.
National Rural Utilities Cooperative Finance Corp
Offering Date: Monday, April 12, 2021 through Monday, April 19, 2021
Trade Date: Monday, April 19, 2021 @12:00 PM ET
Settle Date: Thursday, April 22, 2021
Minimum Denomination/Increments:$1,000.00/$1,000.00
Initial trades settle flat and clear SDFS: DTC Book Entry only
DTC Number 0235 via RBC Dain Rauscher Inc.
Agents: Incapital, LLC, Citigroup, WellsFargo Advisors, RBC Capital Markets
Trustee: U.S. Bank National Association

If the maturity date or an interest payment date for any note is not a business
day (as term is defined in prospectus), principal, premium, if any, and interest
for that note is paid on the next business day, and no interest will accrue from,
and after, the maturity date or interest payment date.

InterNotes® is a registered trademark of Incapital Holdings, LLC. All rights reserved.
National Rural Utilities Cooperative Finance Corp
Prospectus dated October 28, 2020 and
Prospectus Supplement Dated: October 30, 2020