September 7, 2008 - Statement by John Fisk, CEO of the FHLBanks Office of Finance
The U.S. Treasury is creating a backstop lending facility...read more
August 25, 2008 - FHLBanks Announce $3 Billion 3-Year Global
Today, the FHLBank System announced a new $3 billion, 3-year Global...read more
August 13, 2008 - Office of Finance Publishes the FHLBanks Second Quarter 2008 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce the publication of the Second Quarter 2008 Combined Financial Report (CFR) of the Federal Home Loan Banks...read more
July 30, 2008 - The Housing and Economic Recovery Act of 2008 (H.R. 3221) Signed into Law
Today, the Housing and Economic Recovery Act of 2008 was signed into law by the President...read more
July 29, 2008 - FHLBanks Announce $3 Billion 5-Year Global
Today, the FHLBank System announced a new $3 billion, 5-year Global...read more
July 23, 2008 - FHLBanks Announce $3 Billion 2-Year Global
Today, the FHLBank System announced a new $3 billion, 2-year Global...read more
July 22, 2008 - Office of Finance Announces Second Quarter 2008 Preliminary Combined Operating Highlights for the Federal Home Loan Banks
The Office of Finance is pleased to announce second quarter 2008 preliminary combined operating highlights for the Federal Home Loan Banks...read more
July 14, 2008 - U.S. Treasury Proposes to Increase Authority to Purchase FHLBank Obligations
Today, the U.S. Treasury clarified that it will ask for Congressional approval to temporarily increase its authority to purchase FHLBank obligations...read more
July 11, 2008 - FHLBank of San Francisco Announcement on IndyMac Bank
Today, the FHLBank of San Francisco announced...read more
June 30, 2008 - FHLBanks Announce Two Global Offerings
Today, the FHLBank System announced two Global bond issues...read more
June 16, 2008 - FHLBanks Announce $5 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $5 billion, 2-year Global bond...read more
June 12, 2008 - Office of Finance Announces S&P Rating Actions
Today, Standard & Poor’s Ratings Services announced that it has completed a review of the FHLBanks of Seattle and Chicago...read more
May 21, 2008 - FHLBanks Announce $4 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 3-year Global bond...read more
May 14, 2008 - Office of Finance Publishes the FHLBanks First Quarter 2008 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the First Quarter 2008 Combined Financial Report (CFR) of the Federal Home Loan Banks...read more
May 6, 2008 - FHLBank of Chicago Announces Management Update
The Federal Home Loan Bank of Chicago today announced that Matthew R. Feldman has been appointed President and Chief Executive Officer...read more
April 28, 2008 - Office of Finance Announces First Quarter 2008 Preliminary Combined Operating Highlights for the Federal Home Loan Banks
The Office of Finance is pleased to announce first quarter 2008 preliminary combined operating highlights for the Federal Home Loan Banks...read more
April 23, 2008 - FHLBank of Chicago Announces Decision on Mortgage Partnership Finance®
Today, the Federal Home Loan Bank of Chicago announced that they will no longer enter into new master committments to purchase mortgage loans under the Mortgage Partnership Finance® Program...read more
April 16, 2008 - FHLBanks Announce Two New Global Bonds
Today, the FHLBank System announced two new Global bonds - a $3 billion 2-year and a $3 billion 5-year...read more
April 10, 2008 - Office of Finance Announces S&P Ratings Action
Today, Standard & Poor's Ratings Services announced that it has placed the FHLBank of Chicago on Credit Watch...read more
April 9, 2008 - Office of Finance Announces S&P Research Update
Today, Standard & Poor's announced that it affirmed its AAA long-term counterparty credit rating on the FHLBank of Des Moines, and revised its outlook to "stable" from "negative"...read more
April 9, 2008 - FHLBanks Announce $3 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 3-year Global bond...read more
April 7, 2008 - FHLBanks Announce Cessation of Merger Discussions
Today, the Federal Home Loan Banks of Chicago and Dallas announced the termination of merger discussions...read more
March 31, 2008 - Office of Finance Publishes the FHLBanks 2007 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the 2007 Combined Financial Report (CFR) of the Federal Home Loan Banks. This report is produced from the audited financial information...read more
March 24, 2008 - FHLBank Regulator Announces New MBS Investment Limit
The Federal Housing Finance Board, as regulator for the Federal Home Loan Banks, announced today that it has approved a temporary increase...read more
February 27, 2008 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
February 26, 2008 - Office of Finance Announces 2007 Preliminary Combined Operating Highlights for the Federal Home Loan Banks
The FHLBanks Office of Finance is please to announce 2007 preliminary combined operating highlights for the Federal Home Loan Banks...read more
January 14, 2008 - FHLBanks Announce $3 Billion 5-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 5-year Global bond...read more
December 17, 2007 - FHLBanks Announce $4 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 2-year Global bond...read more
December 12, 2007 - Office of Finance Announces New Chief Executive Officer
The Board of Directors of the FHLBanks Office of Finance, the debt issuance facility of the Federal Home Loan Banks, is pleased to announce that John Fisk has been appointed Chief Executive Officer, effective January 1, 2008...read more
December 3, 2007 - FHLBanks Announce $3 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 3-year Global bond...read more
November 28, 2007 - FHLBank of Atlanta Publishes Letter to Members
The Federal Home Loan Bank of Atlanta today filed a Form 8-K with the Securities and Exchange Commission that includes a letter to its members...read more
November 14, 2007 - Office of Finance Publishes the Federal Home Loan Banks Third Quarter 2007 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the third quarter (Q3) 2007 Combined Financial Report of the Federal Home Loan Banks...read more
October 31, 2007 - Office of Finance Announces Third Quarter 2007 Preliminary Combined Operating Highlights for the Federal Home Loan Banks
The FHLBanks Office of Finance is pleased to announce third quarter 2007 combined operating highlights for the Federal Home Loan Banks...read more
October 24, 2007 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
October 16, 2007 - FHLBanks Announce $3 Billion 10-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 10-year Global bond...read more
October 10, 2007 - FHLBank of Chicago Regulatory Announcement
Today, the FHLBank of Chicago entered into a consensual order with the Federal Housing Finance Board, regulator of the FHLBank System...read more
October 2, 2007 - Growth in FHLBank Mission Assets Continues in September
The Office of Finance is releasing the following information regarding the continued strong growth in FHLBank mission assets and consolidated obligations...read more
October 1, 2007 - FHLBanks Announce $3 Billion 5-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 5-year Global bond...read more
September 26, 2007 - FHLBank of Chicago Announcement
Today, the FHLBank of Chicago announced a regulatory development with the Federal Housing Finance Board...read more
September 19, 2007 - FHLBanks Announce $3 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 3-year Global bond...read more
September 11, 2007 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
September 4, 2007 - FHLBanks See Strong Growth in Mission Assets in August
In light of the recent extraordinary events affecting credit markets, the Office of Finance is releasing the following information regarding the strong growth in FHLBank mission assets and consolidated obligations...read more
August 14, 2007 - Office of Finance Publishes the Federal Home Loan Banks Second Quarter 2007 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the Second Quarter (Q2) 2007 Combined Financial Report of the Federal Home Loan Banks...read more
August 10, 2007 - FHLBanks Office of Finance Announces S&P Bulletin
Today, Standard & Poor's (S&P) released a bulletin pertaining to the August 8 announcement that the FHLBanks of Chicago and Dallas are engaged in preliminary discussions to evaluate a business combination...read more
August 8, 2007 - FHLBanks of Chicago and Dallas Announce Preliminary Discussions of Combining Business Operations
The Federal Home Loan Banks of Chicago and Dallas jointly announced today that they are engaged in preliminary discussions intended to evaluate the combination of the two institutions...read more
July 31, 2007 - FHLBanks Announce Second Quarter 2007 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce second quarter 2007 preliminary combined operating highlights...read more
July 6, 2007 - FHLBank of Indianapolis Announces Management Change
The Federal Home Loan Bank of Indianapolis today announced that Milton J. Miller II has been named President and Chief Executive Officer...read more
June 19, 2007 - FHLBanks Announce $3 Billion 7-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 7-year Global bond...read more
June 13, 2007 - FHLBank of Atlanta Announces Management Change
The Federal Home Loan Bank of Atlanta today announced that Richard A. Dorfman has been named President and Chief Executive Officer...read more
May 16, 2007 - FHLBanks Announce $3 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 3-year Global bond...read more
May 15, 2007 - Office of Finance Publishes the Federal Home Loan Banks First Quarter 2007 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the First Quarter (Q1) 2007 Combined Financial Report of the Federal Home Loan Banks...read more
April 30, 2007 - FHLBanks Announce First Quarter 2007 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce first quarter 2007 preliminary combined operating highlights...read more
April 27, 2007 - FHLBanks Announce $3 Billion 10-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 10-year Global bond...read more
April 17, 2007 - FHLBanks Announce $4 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 2-year Global bond...read more
April 11, 2007 - Office of Finance Announces New Board Chairman
The FHLBanks Office of Finance, the debt issuance facility of the Federal Home Loan Banks, is pleased to announce that Charles A. Bowsher has been appointed to serve as the private citizen Director on the Office of Finance Board of Directors...read more
March 30, 2007 - Office of Finance Publishes the Federal Home Loan Banks 2006 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce publication of the 2006 Combined Financial Report of the Federal Home Loan Banks. This report combines audited financial information...read more
February 26, 2007 - Office of Finance Announces the Federal Home Loan Banks 2006 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce 2006 preliminary combined operating highlights...other SEC filings can be obtained by searching the EDGAR database...read more
February 21, 2007 - FHLBank of Seattle Announces Management Change
The Federal Home Loan Bank of Seattle today announced that its President and Chief Executive Officer, James E. Gilleran, will be leaving the Bank effective April 30, 2007...read more
February 13, 2007 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
January 25, 2007 - Office of Finance Announces New Chief Operating Officer
The FHLBanks Office of Finance, the debt issuance facility of the Federal Home Loan Banks, is pleased to announce that John Fisk has been appointed Chief Operating Officer...read more
January 25, 2007 - FHLBank of Atlanta Announces Management Change
The Federal Home Loan Bank of Atlanta today announced that its President and Chief Executive Officer, Raymond R. Christman, will retire...read more
January 19, 2007 - FHLBanks Office of Finance Announces S&P Ratings Action
Today, Standard & Poor’s (“S&P”) announced that it affirmed its AA+ long-term counterparty credit rating on the FHLBank of Seattle, and revised its outlook to “stable” from “negative”...read more
November 28, 2006 - FHLBanks Announce $4 Billion 10-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 10-year Global bond...read more
November 15, 2006 - FHLBanks Announce Third Quarter 2006 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce third quarter 2006 preliminary combined unaudited operating highlights...other SEC filings can be obtained by searching the EDGAR database...read more
November 8 - FHLBanks Office of Finance Publishes 2005 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce the publication of the 2005 Combined Financial Report (CFR)...including audited combined financial statements of the 12 FHLBanks...read more
November 7 - FHLBanks Office of Finance Announces S&P Ratings Action
Today, Standard & Poor's (S&P) announced that it affirmed its AAA long-term counterparty credit rating on the FHLBank of Indianapolis, and revised its outlook to "stable"...read more
October 26 - FHLBanks Announce $4 Billion 5-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 5-year Global bond...read more
October 5 - All FHLBanks Complete SEC Registration Process - Second Quarter 2006 Combined Operating Highlights Announced
The FHLBanks Office of Finance is pleased to announce that all twelve Federal Home Loan Banks have effective SEC registration statements...we are pleased to provide second quarter 2006 preliminary combined operating highlights...read more
September 21 - FHLBanks Office of Finance Announces Summary of S&P Ratings Actions
Today, Standard & Poor's (S&P) announced that it had completed a review of debt ratings for the FHLBank System, as well as for each of the 12 FHLBanks...read more
September 5 - FHLBanks Announce $3 Billion 7-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 7-year Global bond...read more
September 1 - FHLBanks Announce Small Reopening of 5.75% 2012 Global Bond
Today, the FHLBank System will announce a small reopening of the 5.75% 5/15/2012 Global bond with CUSIP 3133MNVV0...read more
August 15 - FHLBanks Announce $4 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 3-year Global bond...read more
July 31 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
July 19 - FHLBanks Announce $3 Billion 5-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 5-year Global bond...read more
July 12 - Office of Finance Announces Response for Revised Federal Reserve Board Policy on Payments System Risk
The FHLBanks Office of Finance today outlined plans for responding to the revised Federal Reserve Board Policy on Payments System Risk...read more
July 12 - FHLBanks Announce $2 Billion 30-Year Global Bond
Today, the FHLBank System announced a new $2 billion, 30-year Global bond...read more
June 14 - FHLBanks Announce First Quarter 2006 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce First Quarter 2006 preliminary combined operating highlights...and provide an update on progress made toward SEC registration...read more
June 9 - FHLBank of Pittsburgh Files Form 10 - All Bank Financial Reporting Now Current
With this action, all 12 FHLBank SEC Registrations are effective or pending...read more
May 15 - FHLBank of Topeka Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Topeka filed a Form 10 with the Securities and Exchange Commission...read more
May 12 - FHLBanks Announce $4 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 2-year Global bond...read more
May 12 - FHLBank of Des Moines Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Des Moines filed a Form 10 with the Securities and Exchange Commission...read more
April 27 - FHLBanks Announce $3 Billion 10-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 10-year Global bond...read more
April 26 - FHLBanks Office of Finance Announces S&P Opinion
Today, Standard & Poor's (S&P) announced that it placed its AAA long-term counterparty credit rating on the FHLBank of Des Moines on CreditWatch with negative implications. The Bank's A-1+ short-term counterparty credit rating is unaffected...read more
April 18 - FHLBank of Chicago Announces Plans on Key Initiatives
Today, the Federal Home Loan Bank of Chicago announced plans to move forward on key initiatives affecting members...read more
April 3 - FHLBank of Seattle Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Seattle filed a Form 10 with the Securities and Exchange Commission on March 31...read more
March 17 - FHLBank of Atlanta Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Atlanta filed a Form 10 with the Securities and Exchange Commission this morning...read more
February 22 - FHLBanks Announce 2005 Preliminary Combined Operating Highlights
The FHLBanks Office of Finance is pleased to announce 2005 preliminary combined operating highlights...and provide an update on progress made toward SEC registration...read more
February 15 - FHLBanks of Dallas and Indianapolis Provide Update on SEC Registration
The Office of Finance announced today that the FHLBanks of Dallas and Indianapolis each filed a Form 10 with the Securities and Exchange Commission...read more
January 23 - FHLBanks Announce $4 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $4 billion, 2-year Global bond...read more
January 3 - FHLBanks Announce $3 Billion 5-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 5-year Global bond...read more
December 23 - FHLBank of Des Moines Announces Management Change
The Federal Home Loan Bank of Des Moines today announced that its President and Chief Executive Officer, Patrick J. Conway stepped down from his position...read more
December 14 - FHLBank of Chicago Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Chicago filed a Form 10 with the Securities and Exchange Commission on Wednesday, December 14...read more
December 8 - FHLBanks Announce $1.2 Billion 7-Year Global APLS Bond
Today, the Office of Finance announced the intention to issue a new $1.2 billion, 7-year FHLBank Global Amortizing Prepayment Linked Securities (APLS) bond...read more
December 6 - FHLBanks Announce $3 Billion 2-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 2-year Global bond...read more
December 5 - FHLBank of Cincinnati Provides Update on SEC Registration
The FHLBanks Office of Finance announced today that the FHLBank of Cincinnati filed a Form 10 with the Securities and Exchange Commission on Monday, December 5...read more
December 5 - FHLBank Mortgage Portfolio Creates Need for APLS Issuance
...the FHLBanks expect to announce the intent to issue a large, 7-year Global APLS bond this month, subject to market conditions...read more
December 1 - FHLBank of New York Implements New Capital Plan
The Office of Finance is pleased to announce that following the close of business on November 30, 2005, the FHLBank of New York exchanged its existing capital stock for new stock under the terms of its new capital plan...read more
November 2 - Office of Finance Announces Restatement by FHLBank of Des Moines
Late yesterday, the FHLBank of Des Moines announced plans to restate its financial statements for 2001 through 2004. The primary purpose of the restatement is to correct certain errors related to the application of SFAS 133...read more
November 1 - FHLBank of Boston Provides Update on SEC Registration
The Office of Finance announced today that the FHLBank of Boston filed a Form 10 with the Securities and Exchange Commission...read more
October 24 - FHLBanks Announce $3 Billion 3-Year Global Bond
Today, the FHLBank System announced a new $3 billion, 3-year Global bond...read more
September 28 - FHLBanks Announce $1.35 Billion 5-Year Global APLS Bond
Today, the FHLBanks announced the intention to issue a new $1.35 billion, 5-year Federal Home Loan Bank Syndicated Global Amortizing Prepayment Linked Securities bond...read more
September 20 - FHLBanks Announce $4 Billion 2-Year Global Bond
The FHLBank System today announced a new $4 billion, 2-year Global bond...read more
August 30 - Office of Finance Provides Update on SEC Registration
New York and San Francisco FHLBanks become SEC registrants...read more
August 25 - Office of Finance Announces Restatement by FHLBank of Pittsburgh
The Office of Finance announced today that the FHLBank of Pittsburgh plans to restate financial statements...to correct errors related to the application of SFAS 133...read more
August 22 - Office of Finance Announces S&P Opinion
Today, Standard & Poor's ("S&P") announced that it affirmed its AAA long-term counterparty credit rating and its A-1+ short-term counterparty credit rating on the FHLBank of Dallas but changed its outlook from "stable" to "negative"...read more
August 22 - Office of Finance Announces Restatements by FHLBanks of Atlanta and Dallas
The Office of Finance announced today that the FHLBanks of Atlanta and Dallas plan to restate financial statements...to correct errors related to the application of SFAS 133...read more
August 18 - Office of Finance Announces Restatement by FHLBank of Indianapolis
The Office of Finance announced today that the FHLBank of Indianapolis plans to restate financial statements...to correct errors related to the application of SFAS 133 dating back to its adoption on January 1, 2001...read more
August 17 - FHLBank of Des Moines Provides Update on SEC Registration and Other Matters
The FHLBank Office of Finance announced today that the FHLBank of Des Moines has published an update regarding SEC registration and other matters...read more
July 29 - FHLBanks Announce $3 Billion 5-Year Global Bond
The FHLBank System today announced a new $3 billion, 5-year
Global bond...read more
July 5 - FHLBanks Announce $3 Billion 3-Year
Global Bond
The FHLBank System today announced a new $3 billion, 3-year
Global bond...read more
July 1 - Federal Housing Finance Board Provides Update on SEC Filing Progress
This morning the FHLBank System regulator, the Federal Housing Finance Board (FHFB), issued a statement on SEC registration. Specifically, this statement provides an update on the progress of the FHLBanks as they work toward registering with the SEC...read more
June 3 - FHLBank of Topeka Provides Update on Publication Status of Financial Statements
The FHLBanks Office of Finance announced today that the FHLBank of Topeka plans to restate results for 2002 and 2003...believes that the cumulative impact of this action to retained earnings as of year-end 2004 will be immaterial...read more
May 27 - FHLBanks Announce $4 Billion 2-Year Global Bond
The FHLBank System today announced a new $4 billion, 2-year
Global bond...read more
April 19 - FHLBanks Office of Finance Announces S&P Actions
Today, Standard & Poor’s Ratings Service (“S&P”) announced that it affirmed its A-1+ short-term counterparty credit rating...read more
FHLBanks Office of Finance Announces Delay in Publishing Financial Reports
The FHLBanks Office of Finance announced today that it will delay publication of the FHLBanks 2004 Combined Financial Report and Combined Quarterly Financial Report...read more
FHLBanks Office of Finance Announces Moody's Opinion
Moody's Investors Service recently announced that it reaffirmed the Aaa Bank Deposit and Prime-1 Short Term Deposit Ratings for the FHLBank of Seattle...read more
FHLBanks Announce $3 Billion 3-Year Global Bond
The FHLBank System today announced a new $3 billion, 3-year Global bond...read more
FHLBank of Seattle Submits Three Year Business and Capital Management Plan, Releases Unaudited 2004 Financial Results
The FHLBanks Office of Finance is pleased to announce that the Federal Home Loan Bank of Seattle has submitted...read more
FHLBanks Release 2004 Operating Highlights
The FHLBanks Office of Finance is pleased to provide the 2004 operating highlights for the Federal Home Loan Banks today...read more
FHLBanks Announce Changes to TAP Issue Program
The FHLBanks today announced changes to the maturity and payment date parameters for new TAP Issues...read more
FHLBank of Chicago Completes Restatement of Financial Results
The FHLBanks Office of Finance is pleased to announce that the FHLBank of Chicago has completed the previously announced restatement of its 2003 financial results...read more
Office of Finance Announces New 5-Year Global Bond
The FHLBank System recently announced a new $3 billion, 5-year Global bond...read more
FHLBank Atlanta Implements New Capital Plan
The FHLBanks Office of Finance is pleased to announce that effective at the close of business on December 17, 2004, the Federal Home Loan Bank of Atlanta has converted to its new capital plan...read more
FHLBanks Office of Finance Announces Restatement of Prior Period Combined Results
-Accounting Changes Result in $75 Million Increase in Net Income on a Cumulative Basis
-No Material Effect on Combined Capital...read more
FHLBanks Office of Finance Announces Rating Agency Actions
- Moody's Affirms Aaa Bank Deposit and Prime-1 Short-Term Deposit Ratings on FHLBank of Seattle
- S&P Lowers FHLBank of Seattle Long-Term Counterparty Rating to AA+ But Raises Outlook to Stable...read more
FHLBanks Office of Finance Announces Finance Board Action
Today, the Federal Housing Finance Board, as regulator of the FHLBank System, entered into an agreement with the Board of Directors of the FHLBank of Seattle...read more
FHLBanks Announce $3 Billion 5-Year Global Bond
The FHLBanks today are announcing a new $3 billion, 5-year Global bond...read more
FHLBanks Announce $3 Billion 3-Year Global Bond
The FHLBank System announced a new $3 billion, 3-year Global bond...read more
FHLBanks Office of Finance Announces Delay in Publication of the Third Quarter Combined Financial Report
The FHLBanks Office of Finance announced today that it will delay the publication of the FHLBanks 2004 Third Quarter Combined Financial Report because the FHLBank of Chicago has informed the Office of Finance...read more
FHLBanks Announce $4 Billion 2-Year Global Bond
The FHLBank System announced a new $4 billion, 2-year Global bond...read more
FHLBank of Topeka Implements New Capital Plan
The FHLBanks Office of Finance is pleased to announce that effective as of the close of business on September 30, 2004, the Federal Home Loan Bank of Topeka has converted to its new capital plan...read more
FHLBanks Announce $4 Billion 2-Year Global Bond
The FHLBanks today are announcing a new $4 billion, 2-year Global bond...read more
FHLBanks Announce $3 Billion 5-Year Global Bond
The FHLBanks today are announcing a new $3 billion, 5-year Global bond...read more
FHLBanks Publish Q2 2004 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce the publication of the Q2 2004 Combined Financial Report of the Federal Home Loan Banks...read more
FHLBanks Announce $3 Billion 3-Year Global Bond
The FHLBank System announced a new $3 billion, 3-year Global bond today...read more
FHLBanks Office of Finance Announces Moody's Opinion
Today, Moody's Investors Service ("Moody's) affirmed its Aaa long-term deposit rating and Prime-1 short-term deposit rating on the FHLBank of Chicago, and is maintaining a stable outlook. The consolidated debt credit ratings are unaffected by this action, and remain at Aaa/Prime-1. All FHLBank debt is backed by the joint and several liability of all 12 Federal Home Loan Banks ..read more
FHLBanks Office of Finance Announces S&P Opinion
Today, Standard & Poor's Ratings Service ("S&P") announced that it affirmed its A-1+ short-term counterparty credit rating on the FHLBank of Chicago, but lowered its long-term counterparty credit rating to AA+, and maintained a negative outlook...read more
FHLBanks Office of Finance Announces Finance Board Action
Today, the Federal Housing Finance Board, as regulator of the FHLBank System, entered into an agreement
with the Board of Directors from the FHLBank of Chicago. This agreement is designed to improve
management over several issues noted in a recent examination, and to enhance corporate governance at the
Chicago Bank going forward...read more
FHLBanks Office of Finance Announces S&P Opinion
Late yesterday, Standard & Poor's Ratings Service ("S&P") announced that it reaffirmed its AAA long-term counterparty credit rating and its A-1+ short-term counterparty credit rating on the FHLBank of Des Moines, but changed its outlook from "stable" to "negative"...read more
FHLBanks Announce $3 Billion 10-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, continues to experience strong demand for its signature mortgage products. Currently, these assets exceed $115 billion. With this growth comes a need for large, periodic issues to fund these longer-term assets. The FHLBanks today are announcing a new $3 billion, 10-year Global bond...read more
Office of Finance Announces New Deputy Managing Director
The FHLBanks Office of Finance, the debt issuance facility of the Federal Home Loan Banks, is
pleased to announce that John Fisk became Deputy Managing Director, effective May 17...read more
FHLBanks Publish Q1 2004 Combined Financial Report
The FHLBanks Office of Finance is pleased to announce the publication of the Q1 2004 Combined Financial Report of the Federal Home Loan Banks...read more
FHLBanks 2003 Combined Financial Report Published
The Office of Finance is pleased to announce the publication of the 2003 Combined Financial Report of the Federal Home Loan Banks. The complete document is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Announce $3 Billion 5-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, continues to experience strong demand for its signature mortgage products. Currently, these assets exceed $108 billion. With this growth comes a need for large, periodic issues to fund these longer-term assets. The FHLBanks today are announcing a new $3 billion, 5-year Global bond...read more
FHLBanks Announce $3 Billion 2-Year Global Bond
The FHLBank System announced a new $3 billion, 2-year Global bond on Tuesday, December 2, 2003...read more
FHLBanks Office of Finance Provides Summary of Rating Agency Actions
This week, both Standard & Poor's and Moody's Investors Service released information pertaining to the FHLBanks. The following is a brief summary...read more
FHLBanks Publish Q3 2003 Combined Financial Report
The FHLBanks are pleased to announce the publication of the Q3 2003 Combined Financial Report. This report is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Announce $4 Billion 5-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, has been providing mortgage lenders with an attractive alternative to securitization since 1997. Demand for FHLBank mortgage products has been strong, with assets currently exceeding $90 billion. As this growth creates a need for longer-term funding, the FHLBanks today are announcing a new $4 billion, 5-year Global bond...read more
FHLBanks Office of Finance Announces Moody's Release
Today, Moody's Investors Service (Moody's) announced that it affirmed its Aaa bank deposit and its Prime-1 short-term deposit ratings of the FHLBanks of Pittsburgh and Atlanta, and affirmed its "stable" ourlook on each of those FHLBanks...read more
FHLBanks Office of Finance Announces S&P Release
Today Standard & Poor's Ratings Service (S&P) announced that it reaffirmed its AAA long-term counterparty credit rating and its A-1+ short-term counterparty credit rating on the FHLBanks of Pittsburgh and Atlanta but changed its outlook...read more
Office of Finance Issues Statement Regarding Earnings Notices by the Pittsburgh and Atlanta FHLBanks
Two Federal Home Loan Banks announced today that each expects to report a loss for the three-month period ended September 30, 2003...read more
FHLBanks Office of Finance Announcement Regarding FHLBank of New York Communication with Stockholders
Today, the President of the Federal Home Loan Bank of New York sent his monthly communication to the Bank's stockholders. This letter describes actions taken this week, and other recent actions, with respect to the sale of securities from its investment portfolio...read more
FHLBanks Office of Finance Announces Rating Agency Actions
· Moody's Affirms Aaa Bank Deposit and Prime-1 Short-Term Deposit Ratings of FHLBank of New York
· S&P Affirms FHLBank of New York A-1+ Short-Term Counterparty Rating
· S&P Lowers FHLBank of New York Long-Term Counterparty Rating to AA+ But Raises Outlook To Stable
· S&P's AAA/A-1+ Ratings on FHLBank System Consolidated Obligations Not Affected By This Action...
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FHLBanks Office of Finance Announcement Regarding FHLBank of New York Actions
The FHLBank of New York sent a letter to its stockholders on September 24, 2003 describing actions it has taken with respect to the elimination of its uninsured exposure to the manufactured housing sector...read more
FHLBanks Office of Finance Announcement Regarding FHLBank of New York Actions
The Board of Directors of the FHLBank of New York recently approved management's recommendations not to pay a dividend to stockholders for the third quarter in October 2003, and to delay implementation of its new capital plan, which had been scheduled for October 1, 2003...read more
FHLBanks Publish Q2 2003 Combined Financial Report
The FHLBanks are pleased to announce the publication of the Q2 2003 Combined Financial Report. This report is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Office of Finance Announces S&P Release
Today, Standard & Poor's Ratings Service ("S&P") announced that it reaffirmed its AAA long-term counterparty credit rating and its A-1+ short-term counterparty credit rating on the FHLBank of New York but changed its outlook on that FHLBank from "stable" to "negative".read more
FHLBanks Announce $3 Billion 5-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, has been providing mortgage lenders with an attractive alternative to securitization since 1997. Demand for FHLBank mortgage products has been strong, with assets currently exceeding $75 billion. As this growth creates a need for longer-term funding, the FHLBanks today are announcing a new $3 billion, 5-year Global bond...read more
FHLBanks Q1 2003 Combined Financial Report Published
The Office of Finance is pleased to announce the publication of the Q1 2003 Combined Financial Report of the Federal Home Loan Banks. The complete document (along with previous annual and quarterly financial reports) is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Announce $3 Billion 10-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, has been providing mortgage lenders with an attractive alternative to securitization since 1997. Demand for FHLBank mortgage products has been strong, with assets growing to $75 billion through March. As this growth creates a need for longer-term funding, the FHLBanks today are announcing a new $3 billion, 10-year Global bond...read more
FHLBanks Announce $1 Billion 5-Year Callable Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, continues to enjoy strong demand for its member mortgage asset products. As this demand creates a natural need for longer-term funding, the FHLBanks today are announcing the launch of a new $1 billion, 5-year noncall 18-month one-time (European) Callable Global bond...read more
FHLBanks 2002 Combined Financial Report Published
The Office of Finance is pleased to announce the publication of the 2002 Combined Financial Report of the Federal Home Loan Banks. The complete document (along with previous annual and quarterly financial reports) is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Announce New $3 Billion 5-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, continues to enjoy strong demand for its member mortgage asset products. As this demand creates a natural need for longer-term funding, the FHLBanks today are announcing the launch of a new $3 billion, 5-year Global bond...read more
FHLBanks Complete TAP Issue Cycle
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit, recently
completed its fourteenth TAP Issue cycle. In contrast to the performance of equities over the past three
months, fixed-income markets have remained strong, and agency volume surged to record levels. With callable
redemptions accelerating in late 2002 and remaining very high by historical standards, new callable structures
represent the majority of FHLBank issuance. Nonetheless, this cycle created several new multi-billion dollar
TAP issues, and sales increased to $8.2 billion....read more
FHLBanks Announce New $3 Billion 10-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, has continued to
experience strong growth in member mortgage assets over the past year. As this success creates a natural
need for longer-term funding, the FHLBanks today are announcing their intent to launch a new $3 billion,
10-year Global bond...read more
FHLBanks Publish Q3 2002 Combined Financial Report
The FHLBanks are pleased to announce the publication of the Q3 2002 Combined Financial Report. This report is now available on the Office of Finance web site, www.fhlb-of.com...read more
FHLBanks Complete TAP Issue Cycle - Sales Total $7.4 Billion
The Federal Home Loan Bank System, recently completed its thirteenth TAP Issue cycle. The Treasury market continued its relentless rally throughout much of this period, until some interest in equities resurfaced in mid-October...read more
FHLBanks Publish Q2 2002 Combined Financial Report
The Federal Home Loan Banks Office of Finance, in an ongoing effort to increase access to
information about the FHLBanks, announces the publication of the Q2 2002 Combined
Financial Report....read more
FHLBanks Complete 12th TAP Issue Cycle - TAP Refunding Auction "Passed" by Banks
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit, completed
the twelfth TAP Issue cycle on August 5. This cycle was marked by a roller coaster ride in fixed-income markets
as investor confidence in general was severely tested. However, as in previous cycles, several multi-billion dollar
issues were created, and cycle-end sales total just over $9 billion...read more
FHLBanks Announce $3 Billion 10-Year Global Bond
The FHLBank System, the nation's largest collective source of home mortgage credit, has experienced
strong mortgage program growth over the past year. As this success creates a natural need for longer-term
funding, the FHLBanks today are announcing their intent to launch a new $3 billion, 10-year Global bond...read more
FHLBanks Complete 11 th TAP Issue Cycle - TAP Refunding Auction Details Announced
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit,
completed the eleventh TAP Issue cycle on May 6. As fixed-income markets continued to exhibit
considerable volatility, TAP Issue sales reached $10.7 billion. Three new multi-billion dollar maturities were
created, with the 3-year and 5-year each exceeding $3 billion...read more
FHLBanks Announce Combined Operating Highlights for First Quarter of 2002
Total assets grew to $702.8 billion at March 31, 2002, a 4.2 percent increase compared with $674.3 billion at
March 31, 2001, and a 0.8 percent increase compared with $697.3 billion at December 31, 2001. Advances
were $462.0 billion at March 31, 2002, a 2.6 percent increase compared with $450.5 billion at March 31, 2001,
and a 2.3 percent decrease compared with $472.7 billion at December 31, 2001. Mortgage loans increased
91.6 percent to $31.6 billion at March 31, 2002, from $16.5 billion at March 31, 2001, and increased 14.4
percent from $27.6 billion at December 31, 2001...read more
FHLBank Success in Mortgage Programs Creates Need for Longer-Term Debt Issuance
The FHLBank System, the nation's largest collective source of home mortgage credit, has seen continued
strong growth in its mortgage programs. At the close of Q1 2002, these assets totaled $31.6 billion, as
compared to $16.5 billion one year earlier. The success of these programs creates a natural need for longer-term
funding. As such, the FHLBanks expect to announce their intent to issue a large, 10-year bond in mid-May,
subject to market conditions...read more
FHLBanks Publish 2001 Combined Financial Report
The Federal Home Loan Bank System, in an ongoing effort to increase access to information about the FHLBanks, will be formally announcing the release of financial reports beginning with the 2001 Combined Financial Report...read more
FHLBanks Complete 10th TAP Issue Cycle - Strong Demand Drives Total Sales to $15.7 Billion
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit, completed the tenth TAP Issue cycle on February 4. The $15.7 billion in total sales was the highest ever, and it was recorded during a period of considerable market volatility. Four new multi-billion issues were created, including the largest combined 2-year at $4.8 billion, and a record $1.8 billion 10-year...read more
TradeWeb Adds FHLBank TAP Issues To Agency Menu
The FHLBank System announced today that its highly regarded TAP Issues are available to investors online through TradeWeb LLC. As the leader in online fixed-income markets, TradeWeb is uniquely positioned to enhance the distribution of TAP Issues in the secondary market, as it has for FHLBank Global issues. With $48 billion in sales last year, the TAP Issue Program is already a fixed-income success story...read more
FHLBanks Announce New TAP Issues Due to OID Regulations
The recent sell-off in the Treasury market has created a situation where current TAP Issues would be classified as Original Issue Discount (OID) for tax purposes if the issues continue to be reopened. Barring the unlikely event of an immediate rally in Treasury notes and bonds, new TAP Issues with current market coupons will be opened beginning today to avoid the OID classification...read more
FHLBanks Complete 9th TAP Issue Cycle - Program Enhancements Lead to Record 2-Year Size
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit, completed the ninth TAP Issue Cycle on November 5. With sales of $10.7 billion, this makes the third consecutive cycle of over $10 billion. Even with this total spread among 16 separate maturities, three new multi-billion dollar issues were created, including the largest original 2-year ever at $3.7 billion...read more
FHLBanks Plan To Resume Scheduled Auctions On September 17
The Federal Home Loan Bank System expects to resume TAP Issue auctions on Monday, September 17, and Discount Note auctions on Tuesday, September 18...read more
FHLBanks Continue TAP Issue Program Enhancements - Consolidated Auction Schedule to Begin September 4
The Federal Home Loan Bank System, in an ongoing effort to increase the attractiveness of its successful TAP Issue Program, will consolidate its daily TAP auctions beginning next week. Since inception in July 1999, the TAP Issue Program has offered two daily auctions, at 11:30am and 2:30pm ET. Effective next Tuesday, September 4, the afternoon auction will be dropped...read more
FHLBanks Close Record TAP Cycle - Nearly $15 Billion in Sales Among 14 Maturities
The Federal Home Loan Bank System, the nation's largest collective source of home mortgage credit, recently closed the eighth TAP Issue cycle since Program inception in 1999. As measured by total sales, this was by far the most successful, with $14.7 billion recorded among 14 separate maturities. Four new multi-billion dollar issues were created, and 1-year auctions combined for an additional $1.7 billion...read more
FHLBanks Announce TAP Issue Refunding Auction - $1.25 Billion Two-Year Issue to be Offered
The Federal Home Loan Bank System recently published the TAP Refunding Auction schedule, which will kick off each new TAP Cycle going forward. Today the FHLBanks announced the first TRA Issue, a two-year maturity of $1.25 billion, with a minimum size of $1 billion. This new issue will be offered through the eTAP Bidding Group on Wednesday, August 8 at 11:30 am...read more
FHLBanks Announce TAP Issue Refunding Auctions - Four Maturities Eligible - Quarterly Schedule
The Federal Home Loan Bank's TAP Issue Program, launched in July 1999, was an immediate success with investors and dealers. The use of incremental, market-clearing auctions to grow selected issues to multi-billion dollar size has proven its worth in many different issuance environments. The FHLBanks are announcing a system of scheduled auctions to re-fund TAP Issues that periodically mature...read more
FHLBank System Holds Annual Dealer Meeting - Global Debt Program Enhancements Announced
The Federal Home Loan Bank System held its annual meeting of underwriters earlier this month in Washington, DC. Over 250 attendees, representing securities firms, banks, and trade groups, convened at the Ronald Reagan International Trade Center for a series of presentations on debt issuance, technology, and Program enhancements...read more
FHLBank TAP Cycle Results And 2001 Technology Review
The FHLBank System, the nation’s largest collective source of home mortgage credit, recently closed the sixth TAP Issue cycle. At $8.27 billion, this was comparable to the average size of previous cycles, and it created three new multi-billion issues...read more
Record FHLBank TAP Cycle Exceeds $10 Billion -
Program and Dealer Changes Announced
The FHLBank System, the nation’s largest collective source of home mortgage credit, closed the fifth, and largest, TAP Issue cycle today. An active final week pushed sales to $10.15 billion, nearly $700 million greater than the previous high set in the preceding period...read more
FHLBanks Will Shift TAP Issue Auctions To Internet
The FHLBank System, the nation’s largest collective source of home mortgage credit, will complete the migration of TAP Issue auctions to the FHLBAuction.com web site this fall. This platform, customized for FHLBank use by AgencyAuction, has reliably handled twice-weekly discount note auctions since January...read more
FHLBanks Discount Note Auction Sales Continue to Surge
The FHLBank System, the nation’s largest collective source of home mortgage credit and the pioneer in GSE discount note auctions, has now over 65 such auctions this year using a new, internet-based platform. The results have been overwhelmingly positive, with total sales up 47% from the year-ago period...read more
FHLBanks Complete First Year Of TAP Issue Program, Sales Exceed Expectations
The FHLBank System, the nation’s largest collective source of home mortgage credit, recently passed the one year anniversary of its innovative TAP Issue Program. Launched on July 6, 1999, TAP Issues were created to capture the liquidity of multi-billion dollar bonds while preserving the funding flexibility of "on-demand" issuance...read more
FHLBanks Announce Scheduled Auctions For Callable Bonds
The FHLBank System, the nation’s largest collective source of home mortgage credit and a leader in callable bond issuance, today announced enhancements to existing callable funding procedures. Beginning today, American style callable bonds will be auctioned daily at 10:30am ET through 24 FHLBank underwriters, known as the Callable Bidding Group...read more
FHLBank Internet-Based Discount Note Auctions Surpass Expectations
The FHLBank System, the nation’s largest collective source of home mortgage credit and the pioneer in GSE discount note auctions, today announced the addition of four new dealers to the Discount Note Selling Group. This change was facilitated in large measure by the recent shift of FHLBank discount note (DN) auctions to an internet-based platform...read more
FHLBanks Launch New Internet-Based Discount Note Auctions
The FHLBank System, the nation’s largest collective source of home mortgage credit, today launched their first ever competitive discount note auction over the internet. Using a customized platform created by AgencyAuction, a unit of MuniAuction, Inc., the 15 member Selling Group today agreed to purchase $2.45 billion in discount notes in four different maturities...read more
FHLBanks Announce New Internet-Based Discount Note Auctions
The FHLBank System, the nation’s largest collective source of home mortgage credit, today announced a move to competitive discount note (DN) auctions over the internet. Beginning January 11, the regularly scheduled twice-weekly DN auctions will be moved to a web-based platform customized for the Federal Home Loan Banks by AgencyAuction, a unit of MuniAuction, Inc...read more