Federal Home Loan Bank of Boston: issues consolidated obligations $624,500,000

What happened

• The Federal Home Loan Bank of Boston filed a Current Report on Form 8-K on Oct 22, 2026 reporting the creation of direct financial obligations under Item 2.03. The filing reports consolidated obligations committed on Oct 19, 2026 and Oct 20, 2026 with a total bank par of $624,500,000.

Key details

• Trade dates: Oct 19, 2026 and Oct 20, 2026; filing signed by George Maroun, Vice President and Treasurer, on Oct 22, 2026.
• Total par amount reported on Schedule A: $624,500,000, consisting of:
  • $304,500,000 variable single index floater at Secured Overnight Financing Rate (SOFR) + 8 basis points (trade Oct 19, 2026; settlement Oct 20, 2026; maturity Apr 20, 2027).
  • $125,000,000 variable single index floater at SOFR + 8.5 basis points (trade Oct 20, 2026; settlement Oct 21, 2026).
  • $100,000,000 variable single index floater at SOFR + 8 basis points (trade Oct 20, 2026; settlement Oct 22, 2026).
  • $50,000,000 variable single index floater at SOFR + 6.5 basis points (trade Oct 19, 2026; settlement Oct 21, 2026).
  • Callable Bermudan fixed constant bonds: $25,000,000 and $10,000,000 each at 5.000% (trades Oct 19 and Oct 20, 2026; settlements Oct 30, 2026; next call date Apr 30, 2027).
  • Callable Bermudan fixed constant bond: $10,000,000 at 5.150% (trade Oct 20, 2026; settlement Oct 27, 2026; next call date Jul 27, 2027).
• The filing notes consolidated obligations are the joint and several obligations of the 11 Federal Home Loan Banks and are backed only by the financial resources of the FHLBanks, not by the United States government.

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, specifically consolidated obligations issued through the FHLBanks' Office of Finance. It also describes regulatory language that the Federal Housing Finance Agency may require any FHLBank to repay obligations for which another FHLBank is the primary obligor.
• This filing does not show why the insider traded or why the company acted.