Federal Home Loan Bank of Cincinnati 8-K

What Happened

• The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) filed an Item 2.03 Form 8-K on January 13, 2026, reporting the creation of a direct financial obligation through the issuance of Consolidated Obligations (Consolidated Bonds and Consolidated Discount Notes).
• Consolidated Obligations are issued to raise funding through the Office of Finance and are sold to the public via authorized securities dealers. These securities are regulated by the Federal Housing Finance Agency (FHFA).

Key Details

• Consolidated Obligations are joint and several obligations of the 11 Federal Home Loan Banks (including FHLB Cincinnati).
• These securities are backed only by the financial resources of the 11 Federal Home Loan Banks and are not guaranteed by the U.S. government.
• Schedule A to the filing lists Consolidated Bonds for which FHLB Cincinnati is the primary obligor on the trade dates indicated, including any assumed primary repayment obligations from another FHLB since the last Current Report.

Why It Matters

• This filing notifies investors that FHLB Cincinnati has committed to debt securities that increase its direct financial obligations and funding activity.
• Important for investors and creditors: these Consolidated Obligations rely on the collective credit of the Federal Home Loan Banks, not a U.S. government guarantee, which is relevant to credit and risk assessments.
• The disclosure provides transparency on which bonds FHLB Cincinnati is primarily responsible for (see Schedule A) and underscores the funding mechanism the Bank uses to meet liquidity needs.