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 24, 2026 (Item 2.03) disclosing two consolidated obligation bonds committed for issuance by the FHLBanks. The Bank is the primary obligor on these issues, which together total $55,000,000 in par amount. The filings list specific trade/settlement dates, maturities, coupon rates and call features for each bond.

Key Details

• Bond 1: Trade date 9/21/2026; CUSIP 3130BCDE0; settlement 9/22/2026; maturity 9/26/2030; coupon ~5.01%; par $25,000,000; European callable (next call date 9/26/2028); next pay date 3/26/2027.
• Bond 2: Trade date 9/22/2026; CUSIP 3130BCDG5; settlement 9/30/2026; maturity 9/28/2028; coupon 5.00%; par $30,000,000; Bermudan callable (next call date 12/28/2026); next pay date 3/28/2027.
• Consolidated obligations are sold through the FHLBanks’ Office of Finance and are joint and several obligations of all 11 FHLBanks; they are backed only by the FHLBanks’ financial resources and are not guaranteed by the U.S. government. The Finance Agency can require any FHLBank to repay obligations for which another FHLBank is the primary obligor.
• Filing signed Sept. 24, 2026 by George Maroun, Vice President and Treasurer.

Why It Matters
For investors, these entries increase the Bank’s recorded role as the primary obligor on specific consolidated obligations (total par $55M). Because consolidated obligations are joint and several across the 11 FHLBanks and are not U.S. government guaranteed, they represent a shared debt responsibility that can affect the collective funding profile and contingent liabilities of the Bank. The filing also notes par amounts reported in Schedule A may differ from GAAP carrying amounts (discounts/premiums) and that total consolidated obligations outstanding will be reported in the Bank’s periodic SEC filings.