Federal Home Loan Bank of Dallas Issues $250M Consolidated Obligation Bond

What Happened
The Federal Home Loan Bank of Dallas filed an 8‑K on August 25, 2026, reporting it committed to issue a consolidated obligation bond with a par amount of $250,000,000 (trade date 8/21/2026; settlement 8/26/2026). The bond (CUSIP 3130BBXD2) matures on November 25, 2026, pays a variable coupon tied to overnight SOFR plus 3 basis points, and is listed as non‑callable. The filing notes consolidated obligations are joint and several obligations of the 11 Federal Home Loan Banks and are backed only by the FHLBanks (not the U.S. government).

Key Details

• Trade date: 8/21/2026; Settlement date: 8/26/2026; Maturity: 11/25/2026.
• Par amount committed: $250,000,000; CUSIP: 3130BBXD2.
• Rate type: Variable — Single Index Floater (Overnight SOFR + 3 basis points); Next pay date: 11/25/2026.
• Call type: Non‑Callable; Schedule excludes short‑term discount notes and does not disclose related derivatives, use of proceeds, or a materiality determination by the Bank.

Why It Matters
This filing documents a specific short‑term funding transaction by the Bank and adds to the consolidated obligations for which the Bank is the primary obligor. Investors should note these securities are obligations of the FHLBanks collectively and are not government guaranteed. The 8‑K also clarifies limitations of Schedule A (it omits discount notes, possible hedges, and use‑of‑proceeds details), so to understand total outstanding consolidated obligations and any accounting impacts, review the Bank’s periodic SEC reports.