secwatch.observer — SEC 8-K summary
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Issuer:     Federal Home Loan Bank of Chicago (—)
CIK:        0001331451
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001331451-26-000086
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 2.03
LLM model:  deepseek-v4-flash:cloud@v2

FHLB Chicago issues $260M in callable fixed-rate consolidated obligations on May 4-5, 2026
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- Trade dates: May 4, 2026 ($250M) and May 5, 2026 ($100M); settlement May 6 or 12, 2026.
- Maturities: two series due June 4, 2027 (4.00% coupon) and one due May 12, 2028 (4.05% coupon).
- All bonds are callable (Bermudan style) at FHLB Chicago's option on specified dates.
- Consolidated obligations are joint and several liabilities of all 11 FHLBanks; not U.S. government guaranteed.
- Issuance is ordinary course funding; proceeds used for general operations and asset-liability management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1331451/000133145126000086/0001331451-26-000086-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1331451/000133145126000086/fhlbc-20260504.htm
  HTML page:      https://secwatch.observer/filing/0001331451-26-000086

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