Federal Home Loan Bank of Topeka: issues consolidated obligations of $3,015,400,000

What happened

• The Federal Home Loan Bank of Topeka filed a Current Report on Form 8-K on Oct 13, 2026 and reported the creation of consolidated obligations for which it is the primary obligor, with total principal at par of $3,015,400,000.
• Schedule A in the filing lists consolidated obligation bonds and discount notes committed to be issued on trade dates Oct 7, Oct 8 and Oct 9, 2026, with maturities ranging from Jan 13, 2027 to Oct 15, 2031 and various rate and call features.

Key details

• Total par amount reported on Schedule A: $3,015,400,000 across 12 reported entries.
• Largest single par amounts: $750,000,000 maturing Apr 16, 2027; multiple $500,000,000 issues maturing Jan 13, 2027 and Mar 12, 2027; $150,000,000 maturing Oct 6, 2028; and a $10,000,000 fixed-rate bond maturing Oct 15, 2031 with a 5.625% coupon.
• Types of issues include variable single index floaters, fixed constant coupons, and optional principal redemption (callable) features; several issues are non-callable.
• The filing reiterates that consolidated obligations are joint and several obligations of the eleven Federal Home Loan Banks, are sold through the Office of Finance, and are backed only by the financial resources of the Federal Home Loan Banks, not guaranteed by the United States government. The filing also notes Schedule A generally excludes discount notes with maturities of one year or less and that par amounts reported may not match GAAP amounts.

Why it may matter

• Item 2.03 (creation of a direct financial obligation) was reported; the item covers issuance or assumption of consolidated obligations for which the FHLBank is the primary obligor and provides Schedule A details on the reported instruments.
• This filing does not show why the insider traded or why the company acted.