National Rural Utilities Coop Finance Corp's NRUC is an exchange-traded baby bond in the Baby Bond sector. At a recent price of $22.63, NRUC yields 6.08% on its $25 liquidation preference and 5.5% coupon. It trades at a discount of 9.5% to par. The issue is perpetual (no stated maturity), callable on or after 2024-05-15. Distributions are paid quarterly. Figures are derived from market data and SEC filings; confirm details in the prospectus before investing.