by Office of Finance | Feb 1, 2022 | FHLBanks, FHLBanks Office of Finance, Press Releases, SOFR
The Federal Home Loan Banks Office of Finance announced today that the Federal Home Loan Bank System has issued over $500 billion in SOFR-linked bonds since its first SOFR-linked issuance in November 2018. “With this week’s bond issuance, our SOFR-linked issuance now...
by Council of FHLBanks | Sep 17, 2021 | Affordable Housing Program, FHLBanks, Press Releases
In 2020, the Federal Home Loan Banks contributed nearly $400 million towards affordable housing, supporting 41,511 housing units across more than $6.5 billion of project development cost. This support was made possible through the FHLBanks’ Affordable Housing Program,...
by Council of FHLBanks | Aug 31, 2021 | FHLBanks, Press Releases
Insurance companies are finding value in the Federal Home Loan Bank (FHLBank) System, with membership – and the use of advances – increasing steadily over the last decade. Insurance company membership in the FHLBank System has grown at an annual compound rate of 8.6%...