Federal Home Loan Bank of Pittsburgh 8-K

What Happened

• The Federal Home Loan Bank of Pittsburgh filed a Current Report on Form 8‑K on March 17, 2026 (Item 2.03) disclosing the creation/commitment of consolidated obligation debt for which it is the primary obligor. Consolidated obligations (bonds and discount notes) are sold through the Office of Finance and are joint and several obligations of the eleven Federal Home Loan Banks. The filing notes these obligations are backed only by the financial resources of the Federal Home Loan Banks and are not guaranteed by the U.S. government. The report includes a Schedule A (Exhibit 99.1) listing the consolidated obligations committed on the trade dates indicated.

Key Details

• Filing date: March 17, 2026 (Form 8‑K, Item 2.03).
• Instrument type: Consolidated obligations (bonds and discount notes); sold via the Office of Finance.
• Schedule A (Exhibit 99.1) lists commitments where FHLBank of Pittsburgh is primary obligor; it generally excludes discount notes maturing in one year or less.
• Signed by Edward V. Weller, Chief Financial Officer.

Why It Matters

• This filing discloses new or assumed debt commitments that affect how the FHLBank raises funding. Consolidated obligations are a principal source of the bank’s funding and represent a direct financial obligation when the bank is the primary obligor.
• Important investor points: these securities are not U.S. government guaranteed; Schedule A does not show short-term discount notes (≤1 year) or GAAP amounts that reflect discounts/premiums; and the FHFA has regulatory authority that can affect repayment obligations among the Federal Home Loan Banks. Investors should monitor the Bank’s periodic filings for the total consolidated obligations outstanding and any related liquidity or credit disclosures.