The Federal Home Loan Bank of New York (FHLB NY) filed a Current Report on Form 8-K on September 21, 2026, to disclose details regarding its consolidated obligations. The filing, signed by Eugene Khesin, Director of Funding & Liquidity Management and Treasurer, includes an exhibit (Exhibit 99.1) titled Schedule A. This schedule lists debt securities for which the Bank is the primary obligor, detailing issuance and maturity information.
According to the filing, consolidated obligations are bonds and discount notes sold to the public through the Office of Finance. These obligations are backed by the financial resources of the eleven Federal Home Loan Banks and are not guaranteed by the U.S. government. The filing notes that the principal amounts reported on Schedule A represent the par amount of the obligations, which may differ from amounts reported in financial statements due to discounts, premiums, or concessions.
The Schedule A exhibit details two specific bond issues:
- Issue 1: A bond with a CUSIP of 3130BCDD2, issued on September 21, 2026. The bond has a maturity date of October 22, 2027, and a next call date of September 22, 2027. It has a principal amount of $500,000,000, a coupon rate of 4.56%, and is classified as an Optional Principal Redemption bond with a European call style.
- Issue 2: A bond with a CUSIP of 3130BBSB2, issued on September 22, 2026. The bond has a maturity date of September 12, 2036, and is classified as a Non-Callable Fixed Constant bond. It has a principal amount of $10,000,000 and a coupon rate of 4.75%.
