debtconfidence high
FHLB Topeka issues $500M short-term floater and $10M 5.32% 15-year callable bond
Federal Home Loan Bank of Topeka
- $500M variable single-index floater matures Oct 7, 2026; proceeds used for general funding.
- $10M fixed-rate bond due May 22, 2041, coupon 5.32%, callable from May 22, 2028 (American style).
- Bonds are consolidated obligations, joint and several among all 11 FHLBs, not U.S. government guaranteed.
- New obligations increase FHLB Topeka's primary-obligor debt; total outstanding reported in periodic filings.
- Both trades executed on May 6-7, 2026; settlement dates May 7 and May 22 respectively.
item 2.03
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