Federal Home Loan Bank of New York 8-K

What Happened

• The Federal Home Loan Bank of New York filed an 8-K on February 3, 2026, reporting consolidated obligation bonds and discount notes that the Bank is committed to issue (see Schedule A attached as Exhibit 99.1). Consolidated obligations are the primary way the Bank raises funds in the capital markets.

Key Details

• Consolidated obligations include bonds and discount notes that are jointly and severally the obligations of the eleven Federal Home Loan Banks. They are not guaranteed by the U.S. government.
• The Office of Finance sells these consolidated obligations to the public through authorized securities dealers.
• Schedule A lists consolidated obligation bonds and discount notes committed to be issued on the trade dates shown, but generally excludes discount notes maturing in one year or less that are issued in the ordinary course of business.
• The filing notes: (a) the Finance Agency can require any Federal Home Loan Bank to repay obligations for which another Bank is the primary obligor; (b) principal amounts on Schedule A are shown at par and may differ from GAAP amounts (do not reflect discounts, premiums, etc.); and (c) the Bank has not judged the materiality of any specific consolidated obligation(s).

Why It Matters

• For investors, this filing updates that the Bank has committed new debt issuances (or assumed primary repayment obligations) as part of its regular funding activity. Consolidated obligations increase the Bank’s debt funding but are backed by the collective financial resources of the Federal Home Loan Banks, not the federal government.
• This report alone does not show total consolidated obligations outstanding for which the Bank is primary obligor; investors should review the Bank’s periodic SEC filings for aggregate outstanding balances and financial statement effects.