debt
confidence high
sentiment neutral
materiality 0.30
FHLB Pittsburgh issues $1.1B in consolidated obligations (bonds, floaters) on June 11-13, 2025
Federal Home Loan Bank of Pittsburgh
- Total par value of debt issued: ~$1.09B across six transactions on trade dates June 11-13.
- Largest items: $500M variable-rate floater (non-callable, matures Dec 2025), two $250M similar floaters.
- Fixed-rate issuances: $69M at 3.875% (Jun 2027), $10M at 4.35% callable (Jun 2026), $15M at 4.5% callable (Jun 2028).
- Maturities range from Dec 2025 to Jun 2028; proceeds for general funding of the FHLB system.
- Consolidated obligations are joint and several liabilities of all 11 Federal Home Loan Banks.
item 2.03item 9.01