The Federal Home Loan Bank of New York (FHLB NY) has filed a Current Report on Form 8-K dated October 26, 2026, disclosing the issuance of consolidated obligations. These obligations are joint and several liabilities of the eleven Federal Home Loan Banks and are sold to the public through the Office of Finance.
The filing includes an exhibit detailing specific debt instruments committed to be issued on October 26, 2026. The total principal amount of the reported consolidated obligations is $2.5 billion.
The Schedule A attached to the filing lists the following specific debt instruments:
- $600,000,000 in Non-Callable Variable Single Index Floaters due January 27, 2027.
- $130,000,000 in Non-Callable Variable Single Index Floaters due February 26, 2027.
- $465,000,000 in Non-Callable Variable Single Index Floaters due March 25, 2027.
- $500,000,000 in Non-Callable Variable Single Index Floaters due April 27, 2027.
- $110,000,000 in Non-Callable Variable Single Index Floaters due January 29, 2027.
- $90,000,000 in Non-Callable Variable Single Index Floaters due February 3, 2027.
- $100,000,000 in Non-Callable Variable Single Index Floaters due February 26, 2027.
- $25,000,000 in Optional Principal Redemption Bermudan Fixed Constant bonds due May 6, 2031, with a 5.21% coupon.
- $1,000,000,000 in Non-Callable Variable Single Index Floaters due March 1, 2027.
- $1,000,000,000 in Non-Callable Variable Single Index Floaters due January 28, 2027.
- $15,000,000 in Non-Callable Fixed Constant bonds due October 15, 2027, with a 4.5% coupon.
The filing notes that the principal amounts reported represent the par value of the obligations and that consolidated obligations are backed only by the financial resources of the Federal Home Loan Banks, not by the U.S. government.
