debt
confidence high
sentiment neutral
materiality 0.40
FHLB Pittsburgh issues $170M in consolidated obligation debt on June 9-10
Federal Home Loan Bank of Pittsburgh
- Issued $150M variable-rate Single Index Floater due Dec 2025 (callable European).
- Issued $5M callable fixed 5.28% bond due 2032 and $6M callable fixed 6% bond due 2040.
- Three $3M non-callable fixed-rate bonds issued: 4% due 2028, 4.125% due 2030, 4.5% due 2035.
- Proceeds support general funding; consolidated obligations are joint and several across 11 FHLBs.
- Debt securities are not guaranteed by the U.S. government.
item 2.03item 9.01