The Federal Home Loan Bank of New York (FHLB of NY) reported the issuance of a new debt obligation on October 15, 2026, in a filing with the Securities and Exchange Commission.
The new debt consists of $10,000,000 in consolidated obligation bonds. The bonds have a fixed interest rate of 5.25 percent and are scheduled to mature on September 9, 2033.
The bonds were issued on October 15, 2026, with a settlement date of October 19, 2026. Interest payments are set to begin on March 9, 2027.
According to the filing, the bonds are classified as non-callable fixed constant bonds. This means the interest rate remains constant over the life of the bond, and the Federal Home Loan Bank of New York does not have the option to redeem the principal before the maturity date.
The bonds are backed by the financial resources of the eleven Federal Home Loan Banks and are not guaranteed by the United States government.