Federal Home Loan Bank of Pittsburgh 8-K

What Happened

• The Federal Home Loan Bank of Pittsburgh (FHLBank) filed a Form 8-K on February 19, 2026 (Item 2.03) reporting the creation of a direct financial obligation: consolidated obligations (bonds and discount notes) for which the FHLBank is the primary obligor. Schedule A (filed as Exhibit 99.1) lists the consolidated obligation bonds and discount notes committed to be issued by the Federal Home Loan Banks on the trade dates indicated.

Key Details

• Filing date: February 19, 2026; signed by Edward V. Weller, Chief Financial Officer.
• The consolidated obligations are bonds and discount notes sold through the Office of Finance and are joint and several obligations of the eleven Federal Home Loan Banks.
• Consolidated obligations are backed only by the financial resources of the eleven Federal Home Loan Banks and are not guaranteed by the U.S. government.
• Schedule A (Exhibit 99.1) lists committed issuances for which FHLBank Pittsburgh is the primary obligor; it generally excludes discount notes maturing in one year or less issued in the ordinary course and may not show GAAP amounts (par amounts may differ from financial statement amounts).

Why It Matters

• This 8-K reports new debt issuance activity that affects the FHLBank’s funding and the pool of consolidated obligations for which it is the primary obligor. Consolidated obligations are a primary source of funding for the Federal Home Loan Banks, so changes in issuance can impact the FHLBank’s liability profile.
• Investors should review Exhibit 99.1 (Schedule A) and the FHLBank’s periodic SEC filings for details and total consolidated obligations outstanding, and note that par amounts reported may differ from amounts shown under GAAP.