The Federal Home Loan Bank of Pittsburgh filed a Current Report on Form 8-K dated September 4, 2026, disclosing a new debt issuance. The Bank issued $150,000,000 in consolidated obligations on September 8, 2026, with a settlement date of September 9, 2026.
The debt instrument is classified as an Indexed Amortizing Note. These notes are structured to repay principal based on a predetermined amortization schedule or formula that is linked to a specific index. The maturity date for this issuance is January 12, 2027, with the next payment date scheduled for October 12, 2026.
The notes are non-callable, meaning the Bank cannot redeem them before the maturity date. The interest rate is variable and classified as a Single Index Floater, which means the rate fluctuates in relation to a specific index.
The filing 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.
