Federal Home Loan Bank of Des Moines: creates consolidated obligations

What happened The Federal Home Loan Bank of Des Moines filed an 8-K on Oct 6, 2026 reporting the creation of consolidated obligations (bonds and discount notes) for which the Bank is the primary obligor. The filing says Schedule A sets forth all consolidated obligation bonds and discount notes committed to be issued by the Federal Home Loan Banks, for which the Bank is the primary obligor, on the trade dates indicated.

The filing also states that consolidated obligations are joint and several obligations of the 11 Federal Home Loan Banks, are sold to the public through the Office of Finance, and are backed only by the financial resources of the 11 Federal Home Loan Banks and are not guaranteed by the United States government.

Key details

• Consolidated obligations consist of bonds and discount notes and are by regulation the joint and several obligation of the 11 Federal Home Loan Banks.
• The Federal Housing Finance Agency may require any Federal Home Loan Bank to repay all or a portion of principal or interest on consolidated obligations for which another Federal Home Loan Bank is the primary obligor.
• Schedule A excludes consolidated obligation discount notes with a maturity of 1 year or less issued in the ordinary course of business and reports principal amounts at par, which may differ from amounts in financial statements prepared under GAAP.
• The Bank may change its method of reporting issuance or assumption of consolidated obligations at any time.

Why it may matter The filing reports Item 2.03, creation of a direct financial obligation, covering consolidated obligations for which the Bank is the primary obligor and the related disclosures in Schedule A. The filing does not show why the insider traded or why the company acted.