Federal Home Loan Bank of Boston 8-K

What Happened
The Federal Home Loan Bank of Boston filed an 8‑K on December 29, 2025, disclosing commitments to issue consolidated obligations with total par value of $300 million on trade dates December 22–24, 2025. The filings show four securities for which the Bank is the primary obligor, with settlement dates in late December 2025 and early January 2026 and maturities ranging from December 30, 2026 to January 5, 2038. The report was signed by Brian Pratt, Vice President Funding Manager.

Key Details

• Total par amount committed: $300,000,000 (aggregate of four consolidated obligations).
• Individual issues:
  • $15,000,000 bond (trade date 12/22/2025; settlement 12/23/2025; maturity 6/23/2028; 3.75% coupon; Bermudan callable).
  • $25,000,000 bond (trade date 12/22/2025; settlement 1/5/2026; maturity 1/5/2038; 5.00% coupon; American callable).
  • $50,000,000 bond (trade date 12/23/2025; settlement 1/6/2026; maturity 1/6/2031; 3.825% coupon; European callable).
  • $210,000,000 note (trade date 12/24/2025; settlement 1/2/2026; maturity 12/30/2026; non‑callable; variable-rate floater: SOFR + 3.0 bps).
• Reminder from the filing: consolidated obligations are joint and several obligations of the 11 Federal Home Loan Banks, are backed only by FHLBank financial resources (not by the U.S. government), and the FHFA can require any FHLBank to repay obligations for which another FHLBank is primary obligor.

Why It Matters
This 8‑K signals how the Bank is funding its operations — through market sales of consolidated obligations managed via the FHLBanks' Office of Finance. The $300M commitment affects the Bank’s debt profile and upcoming interest and principal payment obligations (including callable features). Retail investors should note consolidated obligations are a shared liability among all FHLBanks and are not government‑guaranteed; the Bank will report total consolidated obligations outstanding in its regular SEC filings.