Federal Home Loan Bank of Pittsburgh: creates consolidated obligations

What happened The Federal Home Loan Bank of Pittsburgh filed a Current Report on Form 8-K on Oct 20, 2026 reporting the creation of a direct financial obligation through consolidated obligations. The filing states consolidated obligations, which consist of bonds and discount notes, are by regulation the joint and several obligations of the 11 Federal Home Loan Banks, are sold through the Office of Finance, and are backed only by the financial resources of the 11 Federal Home Loan Banks and are not guaranteed by the United States government. The filing includes Schedule A, which sets forth consolidated obligation bonds and discount notes committed to be issued by the Federal Home Loan Banks for which the FHLBank is the primary obligor, subject to the exclusions described in the filing.

Key details

• Item reported: Item 2.03, creation of a direct financial obligation; filing date Oct 20, 2026.
• Consolidated obligations include bonds and discount notes and are joint and several obligations of the 11 Federal Home Loan Banks.
• The Finance Agency (the "Regulator") 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 excludes consolidated obligation discount notes with a maturity of 1 year or less issued in the ordinary course; par amounts on Schedule A may not match amounts reported under GAAP; Schedule A does not address interest-rate exchange agreements or enable tracking of total outstanding consolidated obligations for which the FHLBank is the primary obligor.

Why it may matter The filing reports Item 2.03 (creation of a direct financial obligation) and provides Schedule A showing consolidated obligations the FHLBank committed to be the primary obligor for, including the related limitations and disclosures required by the filing. The report was signed by William A. List, Chief Financial Officer, on Oct 20, 2026. This filing does not show why the insider traded or why the company acted.