Federal Home Loan Bank of Boston 8-K

What Happened
The Federal Home Loan Bank of Boston filed an 8‑K on January 8, 2026 reporting that the FHLB Boston (the Bank) committed to issue consolidated obligations (debt securities) with an aggregate par amount of approximately $835 million on trade dates of January 5–6, 2026. The Schedule A in the filing lists specific bonds and discount notes the Bank is the primary obligor for, including three SOFR‑indexed floating‑rate issues ($250M each) and several callable fixed‑rate bonds (amounts ranging from $10M to $40M and one $25M long‑term issue).

Key Details

• Total par amount committed (Schedule A): approximately $835,000,000.
• Trade dates: January 5 and January 6, 2026; filing date: January 8, 2026.
• Major items: three variable single‑index floaters (SOFR +4.5 bps, +3.5 bps, +4 bps), each $250M, with maturities in 2027; callable fixed‑rate bonds totaling $85M (coupons ~3.75%–5.35%, various maturities and call features).
• Regulatory note: consolidated obligations are joint and several obligations of the 11 FHLBanks, backed only by FHLBanks’ financial resources and not guaranteed by the U.S. government.

Why It Matters
This filing informs investors and counterparties about the Bank’s planned debt funding and the types, sizes, and maturities of recent issuances for which FHLB Boston is the primary obligor. Because consolidated obligations are jointly and severally liable across all FHLBanks and are not U.S. government guaranteed, these items affect the Bank’s funding profile and the broader FHLB system’s collective liability. Investors should note the large short‑term SOFR floaters and the mix of callable fixed‑rate paper when assessing interest rate exposure and liquidity timing.