debt
confidence high
sentiment neutral
materiality 0.50
FHLB Des Moines issues $265M in consolidated obligation bonds on June 9-10, 2025
Federal Home Loan Bank of Des Moines
- Total par of $265M across 6 bonds: $205M in one callable Bermudan fixed-rate bond (4.40%, matures July 2026).
- Two non-callable fixed-rate bonds of $10M each: maturing Jan 2030, coupon 4.05%.
- On June 10, issued $20M callable American bond (5.50%, matures June 2035) and $20M at 5.74% (matures June 2040).
- These are joint and several obligations of the 11 FHLBs, not guaranteed by the US government.
- Proceeds used for general funding; issuance is routine for the Bank's capital markets operations.
item 2.03item 9.01