| Consolidated Bonds Obligations Outstanding By Maturity |
Table 8.1 presents FHLBank’s participation in consolidated obligation bonds outstanding as of June 30, 2025 and December 31, 2024 (dollar amounts in thousands): Table 8.1 | | | | | | | | | | | | | | | | | 06/30/2025 | 12/31/2024 | | Year of Contractual Maturity | Amount | Weighted
Average
Interest
Rate | Amount | Weighted
Average
Interest
Rate | | Due in one year or less | $ | 45,585,085 | | 4.19 | % | $ | 37,517,835 | | 4.35 | % | | Due after one year through two years | 8,754,870 | | 3.40 | | 7,828,625 | | 3.14 | | | Due after two years through three years | 2,043,300 | | 2.98 | | 2,225,545 | | 2.68 | | | Due after three years through four years | 1,491,300 | | 3.45 | | 1,634,440 | | 2.97 | | | Due after four years through five years | 1,486,005 | | 3.33 | | 1,573,155 | | 3.62 | | | Thereafter | 5,481,400 | | 3.70 | | 5,280,950 | | 3.43 | | | Total par value | 64,841,960 | | 3.97 | % | 56,060,550 | | 3.97 | % | | Premiums | 11,138 | | | 12,044 | | | | Discounts | (3,559) | | | (3,054) | | | | Concession fees | (12,351) | | | (12,085) | | | | Hedging adjustments | (104,705) | | | (192,949) | | | | TOTAL | $ | 64,732,483 | | | $ | 55,864,506 | | |
Table 8.2 | | | | | | | | | | Year of Maturity or Next Call Date | 06/30/2025 | 12/31/2024 | | Due in one year or less | $ | 55,874,085 | | $ | 47,888,835 | | | Due after one year through two years | 6,184,370 | | 5,093,625 | | | Due after two years through three years | 1,435,800 | | 1,342,545 | | | Due after three years through four years | 285,800 | | 696,940 | | | Due after four years through five years | 321,005 | | 378,155 | | | Thereafter | 740,900 | | 660,450 | | | TOTAL PAR VALUE | $ | 64,841,960 | | $ | 56,060,550 | |
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| Consolidated Bonds by Interest-Rate Payment Type |
Table 8.3 summarizes interest rate payment terms for consolidated obligation bonds as of June 30, 2025 and December 31, 2024 (in thousands):
Table 8.3 | | | | | | | | | | 06/30/2025 | 12/31/2024 | | Fixed-rate | $ | 25,788,960 | | $ | 21,107,550 | | | Simple variable-rate | 37,695,000 | | 33,475,000 | | | Step | 1,358,000 | | 1,478,000 | | | | | | | | | | | | TOTAL PAR VALUE | $ | 64,841,960 | | $ | 56,060,550 | |
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| Consolidated Discount Notes Outstanding |
Table 8.4 summarizes FHLBank’s participation in consolidated obligation discount notes, all of which are due within one year (dollar amounts in thousands): Table 8.4 | | | | | | | | | | | | | Carrying Value | Par Value | Weighted Average Interest Rate1 | | June 30, 2025 | $ | 9,530,052 | | $ | 9,604,010 | | 4.14 | % | | | | | | December 31, 2024 | $ | 14,417,047 | | $ | 14,518,446 | | 4.40 | % |
1 Represents yield to maturity excluding concession fees.
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