Federal Home Loan Bank of Boston 8-K

What Happened

• The Federal Home Loan Bank of Boston filed an 8‑K (dated March 19, 2026) reporting that the FHLBank participated in consolidated obligation bond issuances (debt sold through the Office of Finance). These are joint and several obligations of the 11 Federal Home Loan Banks and are backed only by the FHLBanks' financial resources (not by the U.S. government). The filing was signed by Brian Pratt, Vice President and Funding Manager.

Key Details

• Total par amount reported: $87,400,000 across three bond issuances (trade dates March 16–17, 2026).
  • CUSIP 3130B9WX4 — Trade 3/16/2026; Settlement 3/27/2026; Maturity 3/27/2031; Coupon 4.10%; Par $25,000,000; American callable (next call 3/27/2028).
  • CUSIP 3130B9XM7 — Trade 3/16/2026; Settlement 4/1/2026; Maturity 12/30/2026; Coupon 3.70%; Par $37,400,000; Bermudan callable (next call 6/30/2026).
  • CUSIP 3130B9XY1 — Trade 3/17/2026; Settlement 3/19/2026; Maturity 9/16/2027; Coupon 3.90%; Par $25,000,000; Bermudan callable (next call 6/16/2026).
• The filing notes the FHFA (Finance Agency) may require any FHLBank to repay consolidated obligations issued by another FHLBank; Schedule A excludes discount notes maturing in one year or less and reports par amounts (which may differ from GAAP amounts).

Why It Matters

• For investors, these issuances increase the Bank’s share of the FHLBanks’ consolidated obligations (a primary funding source). Because consolidated obligations are joint and several, obligations of any one FHLBank can affect all FHLBanks’ repayment responsibility. Also, these securities are not government‑guaranteed — repayment depends on the FHLBanks’ collective financial resources. The specific coupon rates, maturities, call features, and par amounts are provided for investors tracking the Bank’s funding activity.