Federal Home Loan Bank of Boston: issues consolidated obligations

What happened

• The Federal Home Loan Bank of Boston filed an 8-K on Oct 6, 2026 reporting that it committed to issue consolidated obligations on trade date Sep 30, 2026 with aggregate par value of $1,128,000,000. The filing lists settlement dates ranging from Oct 1, 2026 to Oct 13, 2026 and maturities from Jan 5, 2027 to Oct 9, 2031. The filing says consolidated obligations are sold through the FHLBanks' Office of Finance and are the joint and several obligations of the 11 Federal Home Loan Banks.

Key details

• Total par amount committed: $1,128,000,000 on trade date Sep 30, 2026.
• Short-term variable issues (SOFR-based single index floaters) total $1,013,000,000, with spreads of SOFR +3.5 basis points, +6 basis points, +5.5 basis points, +4.5 basis points, and +4 basis points and maturities in 2027.
• Longer-term callable fixed-rate bonds: $75,000,000 (5.050%, maturity Oct 13, 2028, Bermudan call), $25,000,000 (5.200%, maturity Oct 30, 2030, European call), and $15,000,000 (5.230%, maturity Oct 9, 2031, American call).
• Schedule A reports principal amounts at par and excludes discount notes with maturity of one year or less issued in the ordinary course, per the filing.

Why it may matter

• The filing was made under Item 2.03 (creation of a direct financial obligation or an obligation under an off-balance sheet arrangement). Item 2.03 covers the Bank’s commitments to consolidated obligations, which the filing describes as joint and several obligations of the 11 FHLBanks, backed only by the financial resources of the FHLBanks and not guaranteed by the United States government.

This filing does not show why the insider traded or why the company acted.