Federal Home Loan Bank of Boston Issues Consolidated Obligation Bonds

What Happened
The Federal Home Loan Bank of Boston filed an 8‑K on September 3, 2026 (Item 2.03) disclosing the issuance commitments for two consolidated obligation bonds totaling $55,000,000. These securities are sold through the FHLBanks' Office of Finance and are jointly and severally the obligation of all 11 Federal Home Loan Banks, not guaranteed by the U.S. government.

Key Details

• Trade dates: 8/31/2026 and 9/1/2026; total par amount: $25,000,000 + $30,000,000 = $55,000,000.
• Bond 1: CUSIP 13130BBZH1 — settlement 9/18/2026, maturity 9/18/2031, coupon 5.00%, Bermudan callable, next call date 3/18/2027.
• Bond 2: CUSIP 13130BC2A0 — settlement 9/8/2026, maturity 10/8/2027, coupon 4.35%, Bermudan callable, next call date 12/8/2026.
• Filing notes consolidated obligations are backed only by the FHLBanks’ financial resources and that the FHFA can require any FHLBank to repay obligations for which another FHLBank is the primary obligor.

Why It Matters
For investors, this filing confirms the Bank’s use of debt markets to raise funding and documents specific new callable bond commitments and their terms. Because consolidated obligations are a joint liability of all 11 FHLBanks and not U.S. government-guaranteed, holders rely on the combined financial resources of the FHLBanks. The details (coupon, maturity, call provisions) affect the bonds’ interest income profile and refinancing risk for the Bank.