FHLB Pittsburgh issues $1.5B in consolidated obligations across 17 tranches

Federal Home Loan Bank of Pittsburgh

Total par value of $1.505B in bonds and notes committed on trade dates June 10-12, 2026.
Largest tranches: $250M variable-rate discount notes maturing in 2026-2028.
Fixed-rate bonds range from 3.875% to 5.84% with maturities out to 2046.
Many issues are callable with American, Bermudan, or European call styles.
Proceeds used for general funding; obligations are joint and several among all 11 FHLBs.

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