Federal Home Loan Bank of Indianapolis Issues Consolidated Obligation Bonds

What Happened

• The Federal Home Loan Bank of Indianapolis filed an 8-K on July 23, 2026, announcing it has (or will become) the primary obligor on two consolidated obligation bonds issued by the Federal Home Loan Banks.
• The two bonds were traded on 7/20/2026 and 7/21/2026, each with $150,000,000 par value (total $300,000,000). Settlement for both is 7/24/2026. CUSIPs are 3130BBLZ6 (matures 7/24/2028) and 3130BBMR3 (matures 1/24/2028). Both are non-callable, variable-rate single-index floaters; next scheduled payment date is 10/26/2026.

Key Details

• Trade dates: 7/20/2026 and 7/21/2026; Settlement date: 7/24/2026.
• Par amounts: $150,000,000 and $150,000,000 (total $300,000,000).
• Maturities: 7/24/2028 (CUSIP 3130BBLZ6) and 1/24/2028 (CUSIP 3130BBMR3).
• Rate type: Variable — Single Index Floater; Call type: Non-callable.

Why It Matters

• This 8-K reports an increase in the FHLBank of Indianapolis’s longer-term consolidated obligations for which it is the primary obligor, affecting the bank’s funding profile and outstanding joint obligations of the Federal Home Loan Banks.
• Consolidated obligations are joint and several obligations of the FHLBanks and are not guaranteed by the U.S. government. Par amounts reported may differ from amounts in GAAP financial statements (do not reflect discounts, premiums or concessions).