debt
confidence high
sentiment neutral
materiality 0.50
Federal Home Loan Bank of Topeka issues $170M in consolidated obligations
Federal Home Loan Bank of Topeka
- Issued three bonds: $150M variable-rate floater (non-callable, matures 06/07/2027) and two callable fixed-rate bonds totaling $20M (4.41% maturing 2029, 4.75% maturing 2028).
- Largest tranche is $150M single-index floater with CUSIP 3130B6NE2, settled 06/06/2025.
- Callable bonds have Bermudan call style; first call date for the 4.41% bond is 02/27/2026, for the 4.75% bond is 09/05/2025.
- Consolidated obligations are joint and several obligations of all 11 Federal Home Loan Banks; not guaranteed by U.S. government.
- Proceeds used for general FHLBank funding; no specific use disclosed.
item 2.03