debtconfidence high
FHLBank Indianapolis issues $450M in consolidated obligation bonds across five tranches
Federal Home Loan Bank of Indianapolis
- Two variable-rate non-callable floaters: $200M each, maturing 5/12/2028 and 11/12/2027.
- Three fixed-rate callable (Bermudan) bonds: $15M at 4.400%, $25M at 4.415%, $10M at 4.500%, maturities ~5 years.
- Total par value of bonds: $450M; proceeds used for general funding purposes, may replace called or maturing obligations.
- Consolidated obligations are joint and several liabilities of all FHLBanks, not guaranteed by the U.S. government.
item 2.03
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