The Federal Home Loan Bank of New York (FHLB of NY) filed a Current Report on Form 8-K with the Securities and Exchange Commission on September 9, 2026, to disclose a schedule of consolidated obligation bonds and discount notes. Consolidated obligations are debt securities sold by the Bank to the public through the Office of Finance and are backed by the financial resources of the eleven Federal Home Loan Banks, rather than the U.S. government.
The filing includes Exhibit 99.1, titled Schedule A, which details specific debt instruments for which the Bank is the primary obligor. The schedule lists four distinct consolidated obligation issues with a total par value of $158,000,000. These obligations vary in maturity dates, coupon rates, and redemption terms.
- Issue 1: A Fixed Constant bond with a 4.75% coupon, maturing on September 12, 2036, with a par value of $10,000,000.
- Issue 2: A Fixed Constant bond with a 4.5% coupon, maturing on September 1, 2028, with a par value of $128,000,000.
- Issue 3: A Bermudan Fixed Constant bond with a 5.08% coupon, maturing on September 25, 2036, with an optional principal redemption date of September 25, 2031, and a par value of $10,000,000.
- Issue 4: A Bermudan Fixed Constant bond with a 5.0% coupon, maturing on September 28, 2029, with an optional principal redemption date of December 28, 2026, and a par value of $10,000,000.
The filing notes that the principal amounts listed represent the par value of the obligations and may not correspond to the amounts reported in the Bank's financial statements due to factors such as discounts or premiums. Additionally, the schedule excludes discount notes with a maturity of one year or less issued in the ordinary course of business.
