debt
confidence high
sentiment neutral
materiality 0.50
FHLB Pittsburgh issues $3.013B in consolidated obligations on May 20-21, 2026
Federal Home Loan Bank of Pittsburgh
- Largest single issuance: $600M non-callable floater (CUSIP 3130BAUM7) settling May 21, maturing Dec 22, 2026.
- Issues include fixed-rate (3.875% to 5%) bonds and single-index floaters, maturities from 6 months to 5 years.
- Callable bonds (Bermudan/European) total ~$680M; non-callable bonds total ~$2.333B.
- Obligations are joint and several among all 11 Federal Home Loan Banks, not guaranteed by U.S. government.
- Issuance is part of regular funding operations; proceeds used for general corporate purposes.