Federal Home Loan Bank of Indianapolis 8-K

What Happened
The Federal Home Loan Bank of Indianapolis filed an 8‑K on January 13, 2026, announcing that it has become (or will become on the settlement dates) the primary obligor for certain consolidated obligation bonds issued by the Federal Home Loan Banks. The filing lists five bonds with aggregate par value of $915,000,000 and settlement/trade activity in January 2026.

Key Details

• Total par amount: $915,000,000 across five consolidated obligation bonds.
• Bond par amounts and types:
  • $100,000,000 — non‑call, variable single index floater (trade 1/8/2026; settle 1/12/2026; maturity 7/12/2027).
  • $15,000,000 — Bermudan callable, fixed constant coupon 4.375% (trade 1/9/2026; settle 1/16/2026; maturity 1/16/2036; next call/amort 1/16/2029).
  • $250,000,000 — non‑call, variable single index floater (trade 1/9/2026; settle 1/12/2026; maturity 1/12/2028).
  • $300,000,000 — non‑call, variable single index floater (trade 1/9/2026; settle 1/20/2026; maturity 1/20/2028).
  • $250,000,000 — Bermudan callable, fixed constant coupon 3.630% (trade 1/9/2026; settle 1/12/2026; maturity 2/8/2027; next call/amort 7/8/2026).
• Consolidated obligations are joint and several obligations of the FHLBanks and are not guaranteed by the U.S. government.
• Filing was signed January 13, 2026 by Lana D. Buchman, Senior Financial Reporting Principal.

Why It Matters
This 8‑K notifies investors that the Bank is taking on primary obligor responsibility for specific medium‑ and longer‑term funding instruments totaling $915M (par). That affects the Bank’s profile as an issuer/servicer of consolidated obligations and is relevant to holders of FHLBank debt and counterparties tracking FHLBank funding and liability composition. Investors should note the filing does not disclose use of proceeds, excludes obligations with maturities of one year or less, and that par amounts in the filing may differ from GAAP‑reported amounts (e.g., due to premiums/discounts).