XML 88 R71.htm IDEA: XBRL DOCUMENT v3.26.1
Long-Term Debt - Long-term debt outstanding (Details) - USD ($)
$ in Thousands
May 31, 2026
May 31, 2025
Debt Instrument [Line Items]    
Total $ 28,345,934 $ 27,163,701
Weighted- Average Interest Rate 3.99% 3.99%
Collateral trust bonds    
Debt Instrument [Line Items]    
Long-term debt, gross $ 6,670,191 $ 7,082,711
Unamortized discount (140,322) (155,393)
Debt issuance costs (27,466) (31,616)
Total $ 6,502,403 $ 6,895,702
Weighted- Average Interest Rate 3.70% 3.68%
Guaranteed Underwriter Program notes payable    
Debt Instrument [Line Items]    
Long-term debt, gross $ 5,338,722 $ 6,456,852
Weighted- Average Interest Rate 3.38% 3.31%
Farmer Mac notes payable    
Debt Instrument [Line Items]    
Long-term debt, gross   $ 3,780,461
Total $ 3,911,993  
Weighted- Average Interest Rate 3.86% 4.00%
Total secured notes payable    
Debt Instrument [Line Items]    
Total $ 9,250,715 $ 10,237,313
Total secured long-term debt    
Debt Instrument [Line Items]    
Total $ 15,753,118 $ 17,133,015
Weighted- Average Interest Rate 3.63% 3.61%
Medium-term notes sold through dealers(3)    
Debt Instrument [Line Items]    
Long-term debt, gross $ 12,242,476 $ 9,637,577
Weighted- Average Interest Rate 4.44% 4.64%
Medium-term notes sold to members    
Debt Instrument [Line Items]    
Long-term debt, gross $ 376,726 $ 419,648
Weighted- Average Interest Rate 4.31% 4.61%
Total unsecured medium-term notes    
Debt Instrument [Line Items]    
Long-term debt, gross $ 12,619,202 $ 10,057,225
Debt issuance costs (26,937) (29,180)
Unamortized premium (discount), net $ 551 $ 2,641
Weighted- Average Interest Rate 4.44% 4.64%
Total unsecured long-term debt    
Debt Instrument [Line Items]    
Total $ 12,592,816 $ 10,030,686
Weighted- Average Interest Rate 4.44% 4.64%