The Federal Home Loan Bank of New York (FHLBNY) has reported the issuance of a new debt obligation in a filing with the Securities and Exchange Commission dated September 15, 2026. The Bank, which is federally chartered, disclosed that it has secured $25,000,000 in long-term funding through the sale of consolidated obligations.
The specific debt instrument details are outlined in Exhibit 99.1 attached to the filing. The bonds were issued on September 15, 2026, with a trade date of September 15, 2026, and a settlement date of September 18, 2026. The debt is set to mature on September 18, 2031, with the next scheduled interest payment date on March 18, 2027.
The filing indicates that the bonds are fixed-rate obligations with a constant coupon rate of 5 percent. They are classified as American-style bonds, meaning they are redeemable at the option of the Bank on and after the first redemption date. The first optional principal redemption date is set for September 18, 2029.
FHLBNY notes that consolidated obligations are sold to the public through the Office of Finance using authorized securities dealers. These obligations are backed by the financial resources of the eleven Federal Home Loan Banks and are not guaranteed by the U.S. government.
