Federal Home Loan Bank of Dallas: commits $35,000,000 in consolidated obligations

What happened

• The Federal Home Loan Bank of Dallas filed a Current Report on Form 8-K on Oct 6, 2026 reporting the creation of a direct financial obligation under Item 2.03.
• The filing reported that the Bank committed to issue 3 consolidated obligation bonds with a combined par amount of $35,000,000 on trade dates Oct 1, 2026 and Oct 2, 2026.

Key details

• Bond 1: CUSIP 3130BCHZ9; trade date Oct 1, 2026; settlement Oct 5, 2026; maturity Apr 5, 2028; next pay date Apr 5, 2027; call type optional principal redemption; call style Bermudan; rate type fixed/constant; next call date Jan 5, 2027; initial coupon rate 4.830%; par amount $10,000,000.
• Bond 2: CUSIP 3130BCJ46; trade date Oct 1, 2026; settlement Oct 21, 2026; maturity Oct 21, 2036; next pay date Apr 21, 2031; call type optional principal redemption; call style Bermudan; rate type fixed/constant; next call date Oct 21, 2031; initial coupon rate 5.470%; par amount $10,000,000.
• Bond 3: CUSIP 3130BCJ95; trade date Oct 2, 2026; settlement Oct 9, 2026; maturity Oct 9, 2031; next pay date Apr 9, 2027; call type optional principal redemption; call style American; rate type fixed/constant; next call date Apr 9, 2027; initial coupon rate 5.750%; par amount $15,000,000.
• The filing states consolidated obligation discount notes (maturities of 1 year or less) are not included in Schedule A and that consolidated obligations are 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 U.S. Government). The report was signed by Katie Watson, Vice President and Director of Financial Reporting.

Why it may matter

• The filing reports Item 2.03: creation of a direct financial obligation, which covers consolidated obligation bonds (debt securities issued by the Federal Home Loan Banks through the Office of Finance).
• The filing states the Schedule A entries are commitments to issue bonds for which the Bank is the primary obligor and explains limits of the schedule (for example, it does not include discount notes, derivatives, or information needed to compute total consolidated obligations outstanding). The filing does not show why the company acted.