Federal Home Loan Bank of Des Moines: creates consolidated obligations

What happened The Federal Home Loan Bank of Des Moines filed a Current Report on Form 8-K on Oct 22, 2026 reporting the creation of a direct financial obligation under Item 2.03. The filing says consolidated obligations committed to be issued by the Federal Home Loan Banks, for which the Bank is the primary obligor, are set forth in Schedule A.

Key details

• Consolidated obligations consist of bonds and discount notes and are, by regulation, the joint and several obligations 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 sets forth consolidated obligation bonds and discount notes committed to be issued on the trade dates indicated and generally excludes discount notes with a maturity of 1 year or less issued in the ordinary course of business.
• The principal amounts on Schedule A are reported at par and may not correspond to amounts in the Bank’s GAAP financial statements because they do not reflect discounts, premiums or concessions.

Why it may matter This report is Item 2.03 (creation of a direct financial obligation) and covers the issuance or assumption of consolidated obligations, which the filing says fund the Banks and are backed only by the financial resources of the 11 Federal Home Loan Banks, not by the United States government. This filing does not show why the insider traded or why the company acted.