debt
confidence high
sentiment neutral
materiality 0.50
FHLB Pittsburgh issues $6.053B in consolidated obligations across 18 tranches on June 17-18, 2026
Federal Home Loan Bank of Pittsburgh
- Total principal $6.053B in consolidated bonds and notes committed on June 17-18, with maturities ranging from Sept 2026 to June 2033.
- Largest tranches: two $1B variable-rate discount notes maturing Nov 2026 and Dec 2026, and $500M notes maturing Sept and Oct 2026.
- Fixed-rate issuances: $4M at 4.625% (2031), $6M at 5.1% callable Dec 2026, $25M at 3.875% (2027), $15M at 4.75% callable 2031, $3M at 4.375% (2029).
- Included callable bonds with American, European, and Bermudan styles; earliest call date Dec 2026.
- Obligations are joint and several among all 11 FHLBs and are not guaranteed by the U.S. government.