Federal Home Loan Bank of Boston·8-K

Feb 26, 1:07 PM ET

Federal Home Loan Bank of Boston 8-K

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Federal Home Loan Bank of Boston Issues Consolidated Obligations (Feb 2026)

What Happened
The Federal Home Loan Bank of Boston filed a Form 8‑K on February 26, 2026 to report the issuance commitments of consolidated obligation bonds for which it is the primary obligor. Schedule A in the filing lists six bond issues with trade dates of February 23–24, 2026, settlement dates between February 24 and March 5, 2026, maturities ranging from April 19, 2027 to March 5, 2040, and aggregate par amount of $325,000,000. Coupons on the reported bonds range from about 3.476% to 5.000%.

Key Details

  • Total par amount reported: $325,000,000 (six consolidated obligation bonds).
  • Individual issues (trade date / CUSIP / settlement / maturity / coupon / par):
    • 2/23/2026 • 3130B9NR7 • settle 2/24/2026 • matures 4/19/2027 • 3.670% • $50,000,000 (Bermudan optional redemption).
    • 2/23/2026 • 3130B9P6 • settle 12/24/2026 (?) listed • matures 8/20/2026 • 3.670% • $100,000,000 (European optional redemption).
    • 2/24/2026 • 3130B9LL2 • settle 3/5/2026 • matures 3/5/2040 • 5.000% • $25,000,000 (American optional redemption).
    • 2/24/2026 • 3130B9PB0 • settle 2/25/2026 • matures 11/24/2028 • 3.476% • $50,000,000 (Non‑callable).
    • 2/24/2026 • 3130B9PC8 • settle 3/3/2026 • matures 9/3/2026 • 3.741% • $50,000,000 (European optional redemption).
    • 2/24/2026 • 3130B9PQ7 • settle 3/5/2026 • matures 9/2/2026 • 3.743% • $50,000,000 (European optional redemption).
  • The filing reiterates that consolidated obligations are joint and several obligations of all 11 Federal Home Loan Banks and are backed only by FHLBank financial resources (not guaranteed by the U.S. government).
  • The filing was signed by George Maroun, Vice President and Treasurer, and notes Schedule A excludes discount notes with maturity of one year or less issued in the ordinary course.

Why It Matters
This 8‑K informs investors about the Bank’s new debt commitments and the terms of specific consolidated obligations 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 issuances affect the Bank’s funding mix and are relevant to bond investors assessing credit exposure to the FHLBanks. The Bank will report total consolidated obligations outstanding in its periodic SEC filings; Schedule A is a trade‑date summary and excludes short‑term discount notes.