Federal Home Loan Bank of Boston: issues consolidated obligations totaling $331,000,000

What happened

• The Federal Home Loan Bank of Boston filed an 8-K dated Oct 8, 2026 reporting the creation of consolidated obligations for which the Bank is the primary obligor, with trade dates Oct 5, 2026 and Oct 6, 2026 and aggregate par of $331,000,000.
• The filing states consolidated obligations are sold through the FHLBanks' Office of Finance, are by regulation the joint and several obligations of the 11 Federal Home Loan Banks, and are backed only by the financial resources of the FHLBanks and are not guaranteed by the United States government.

Key details

• Schedule A lists five committed issuances totaling $331,000,000: $10,000,000 (trade date Oct 5, 2026; coupon 5.050%; maturity Oct 13, 2028), $10,000,000 (trade date Oct 5, 2026; coupon 5.125%; maturity Oct 19, 2028), $11,000,000 (trade date Oct 6, 2026; coupon 5.050%; maturity Oct 13, 2028), $150,000,000 (trade date Oct 6, 2026; non-callable single index floater; maturity May 13, 2027; rate = SOFR + 6.5 basis points), and $150,000,000 (trade date Oct 6, 2026; non-callable single index floater; maturity Apr 13, 2027; rate = SOFR + 6 basis points).
• Schedule A excludes consolidated obligation discount notes with a maturity of one year or less issued in the ordinary course of business and may exclude other details such as related derivative arrangements or the use of proceeds.

Why it may matter

• The filing reports Item 2.03 (creation of a direct financial obligation or an obligation under an off-balance sheet arrangement), which covers the Bank’s role as a primary obligor on consolidated obligations issued by the FHLBanks.
• The filing notes the FHLBanks’ joint and several liability for consolidated obligations and that consolidated obligations are not obligations of, or guaranteed by, the United States government. This filing does not show why the insider traded or why the company acted.