Federal Home Loan Bank of Indianapolis 8-K

What Happened

• The Federal Home Loan Bank of Indianapolis filed an 8‑K (Item 2.03) on April 7, 2026, reporting that it has or will become the primary obligor, on the settlement dates, for three consolidated obligation bonds issued by the Federal Home Loan Banks (FHLBanks). These bonds have maturities of one year or more and are joint and several obligations of the FHLBanks (not guaranteed by the U.S. government).

Key Details

• Total par amount: $40,000,000 (three bonds: $10,000,000; $15,000,000; $15,000,000).
• Coupon rates and maturities:
  • CUSIP 3130BAA7 — $10,000,000, 4.00% coupon, settlement 4/13/2026, maturity 4/13/2028.
  • CUSIP 3130BAAA5 — $15,000,000, 4.40% coupon, settlement 4/7/2026, maturity 4/7/2032.
  • CUSIP 3130BAAL1 — $15,000,000, 4.05% coupon, settlement 4/7/2026, maturity 4/7/2028.
• All three are fixed-rate, Bermudan-style callable bonds (optional principal redemption) with specified next call/amort dates in 2027.
• Filing signed by Lana D. Buchman, Senior Financial Reporting Principal, dated April 7, 2026.

Why It Matters

• For investors, this discloses a contingent funding/repayment obligation of the FHLBank of Indianapolis: on settlement dates the bank becomes the primary obligor on these consolidated obligations, increasing its legal exposure under the FHLBank system’s joint debt issuance.
• These consolidated obligations are not U.S. government guaranteed and par amounts reported here may differ from amounts shown under GAAP (discounts, premiums, etc.). This is a financing/market-liability disclosure rather than a change to operations or senior management.