Federal Home Loan Bank of Topeka 8-K
Research Summary
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Federal Home Loan Bank of Topeka Issues $10M Consolidated Obligation Bond
What Happened
- The Federal Home Loan Bank of Topeka (FHLBank) filed an 8-K on Feb 5, 2026 reporting the issuance (trade date Feb 2, 2026) of a consolidated obligation bond for which it is the primary obligor. The bond has a par amount of $10,000,000 (CUSIP 3130B9DW7), settles Feb 12, 2026 and matures Feb 12, 2036. The coupon is 4.41% and the next coupon payment date shown is Aug 12, 2026.
Key Details
- Trade date: 02/02/2026; Settlement date: 02/12/2026; Maturity date: 02/12/2036.
- Par amount: $10,000,000; Coupon: 4.41% (fixed, constant).
- Call provisions: Optional Principal Redemption (callable); Bermudan call style; next call date: 02/12/2029.
- CUSIP: 3130B9DW7. Issuances of consolidated obligations are sold through the Office of Finance using authorized dealers.
Why It Matters
- Consolidated obligations are the primary funding vehicle for the Federal Home Loan Banks; this filing documents a new long-term debt issuance for which FHLBank of Topeka is the primary obligor.
- These obligations are joint and several among the 11 Federal Home Loan Banks and are backed only by the Banks’ financial resources (not guaranteed by the U.S. government); the FHFA may require one Bank to repay obligations of another.
- The filing notes Schedule A omits short-term discount notes (≤1 year) and may not reflect GAAP balances; the Bank will report total consolidated obligations outstanding in its regular SEC filings. Investors tracking funding, debt levels, or interest-rate exposure should note this issuance and the call/maturity profile.