The Federal Home Loan Bank of New York (FHLBNY) filed a Current Report on Form 8-K on October 19, 2026, disclosing a series of consolidated obligation issuances. These obligations are debt securities sold to the public to fund the Bank's operations.
The filing includes an exhibit, Schedule A, detailing the specific debt instruments committed to be issued. The total principal amount of these obligations is $4,822,500,000. The issuances cover a range of maturities and interest structures, including fixed-rate and variable-rate bonds.
The Schedule A details include the following specific obligations:
- $18,000,000 in Fixed Constant 5.125% bonds maturing on September 12, 2036.
- $50,000,000 in Fixed Constant 5.25% bonds maturing on September 9, 2033.
- $1,875,000,000 in Variable Single Index Floater bonds maturing on January 22, 2027.
- $2,050,000,000 in Variable Single Index Floater bonds maturing on January 25, 2027.
- $1,400,000,000 in Variable Single Index Floater bonds maturing on February 22, 2027.
- $500,000,000 in Variable Single Index Floater bonds maturing on March 22, 2027.
All of the bonds listed in the Schedule A are classified as Non-Callable. The issuances were scheduled to settle on dates ranging from October 20, 2026, to October 23, 2026.
The filing notes that consolidated obligations are the joint and several obligations of the eleven Federal Home Loan Banks and are not guaranteed by the U.S. government. The principal amounts reported represent the par value of the obligations at issuance.
