fps241.htm

CALCULATION OF REGISTRATION FEE

Title of Each Class of Securities Offered	Maximum Aggregate Offering Price	Amount of Registration Fee(1)(2)
3.000% InterNotes® Due October 15, 2020	$3,091,000	$354.23

(1)	Calculated in accordance with Rule 457(r) under the Securities Act of 1933.
(2)	The amount in this column has been transmitted to the SEC in connection with the securities offered by means of this pricing supplement.

 
 Filed Under Rule 424(b)(3), Registration Statement No. 333-155631 Pricing Supplement Number 241 Dated October 11, 2011 (To: Prospectus Dated November 24, 2008 and Prospectus Supplement Dated November 26, 2008) 

CUSIP Number

Principal Amount

Selling Price

Gross Concession

Net

Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor's Option

Product Ranking

63743FNP7

$3,091,000

100.000%

1.650%

$3,039,998.50

Fixed

3.000%

MONTHLY

10/15/2020

11/15/2011

$2.58

Yes

Senior Unsecured Notes

Redemption Information: Non-Callable 
 
 

National Rural Utilities Cooperative Finance Corp

Offering Dates: Monday, October 3, 2011 through Tuesday, October 11, 2011 Trade Date: Tuesday, October 11, 2011 @12:00 PM ET Settlement Date: Friday, October 14, 2011 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: Banc of America Securities LLC, Incapital, LLC, Comerica Securities, Edward D. Jones & Co., L.P., J.J.B. Hilliard, W.L. Lyons, Inc., Merrill Lynch & Co., Morgan Stanley, UBS Securities LLC

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.

National Rural Utilities Cooperative Finance Corp

Prospectus Dated November 24, 2008