secwatch.observer — SEC 8-K summary
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Issuer:     Federal Home Loan Bank of San Francisco (—)
CIK:        0001316944
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001316944-26-000085
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

FHLB San Francisco issues $500M in callable fixed-rate consolidated obligation bonds
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- Two bonds: $250M at 3.800% due 1/29/2027 (trade 4/29/26) and $250M at 3.820% due 2/4/2027 (trade 5/1/26).
- Bonds are European-style callable; principal redemption at bank's option on specific dates (10/29/26 and 11/4/26).
- Consolidated obligations are joint and several liabilities of all 11 FHLBs, not U.S. government guaranteed.
- Issuance is part of routine funding operations; bank did not evaluate materiality of individual issues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1316944/000131694426000085/0001316944-26-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1316944/000131694426000085/fhlbsf-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001316944-26-000085

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