debt
confidence high
sentiment neutral
materiality 0.30
FHLB Des Moines issues ~$582M in consolidated obligations; coupons 4.00%-6.04%
Federal Home Loan Bank of Des Moines
- Total par value ~$581.5M on trade dates May 14-16, 2025; includes callable and non-callable bonds.
- Largest issue: $337.5M callable bond due 6/12/2026, coupon 4.38%, Bermudan call style.
- Non-callable bonds: $25M due 2028 (4.00%), $25M due 2030 (4.13%), $15M due 2029 (4.00%), $24M due 2025 (4.27%).
- Callable long-dated bonds: 20-year 2045 maturities at 6.00%-6.01%, 15-year 2040 at 6.04%.
- Consolidated obligations are joint and several among all 11 FHLBs; not U.S. government guaranteed.
item 2.03item 9.01