Consolidated Obligations (Tables)
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3 Months Ended |
Mar. 31, 2026 |
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| Debt Disclosure [Abstract] |
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| Schedule of Consolidated Obligation Bonds By Interest Rate Payment Terms [Table Text Block] |
The following table summarizes the Bank’s consolidated obligation bonds outstanding by interest rate payment terms at March 31, 2026 and December 31, 2025 (in thousands, at par value). | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Fixed-rate | $ | 34,210,075 | | | $ | 31,954,475 | | | Variable-rate SOFR-indexed | 22,748,500 | | | 21,849,500 | | | | | | | Step-up | 3,687,000 | | | 4,522,000 | | | Step-down | 15,000 | | | 15,000 | | | | | | | Total par value | $ | 60,660,575 | | | $ | 58,340,975 | |
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| Schedule of Maturities of Long-term Debt [Table Text Block] |
The following is a summary of the Bank’s consolidated obligation bonds outstanding at March 31, 2026 and December 31, 2025, by contractual maturity (dollars in thousands): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Contractual Maturity | | Amount | | Weighted Average
Interest Rate | | Amount | | Weighted Average
Interest Rate | | Due in one year or less | | $ | 42,331,810 | | | 3.25 | % | | $ | 38,701,685 | | | 3.11 | % | | Due after one year through two years | | 5,926,050 | | | 3.29 | | | 7,329,730 | | | 2.57 | | | Due after two years through three years | | 2,224,585 | | | 3.27 | | | 2,339,430 | | | 3.20 | | | Due after three years through four years | | 2,038,130 | | | 3.88 | | | 2,484,130 | | | 3.94 | | | Due after four years through five years | | 1,879,000 | | | 3.51 | | | 1,486,000 | | | 4.05 | | | Due after five years | | 6,261,000 | | | 3.85 | | | 6,000,000 | | | 3.60 | | | Total par value | | 60,660,575 | | | 3.34 | % | | 58,340,975 | | | 3.15 | % | | | | | | | | | | | Premiums | | 7,247 | | | | | 8,517 | | | | | Discounts | | (1,141) | | | | | (1,278) | | | | | Debt issuance costs | | (2,795) | | | | | (3,036) | | | | | Hedging adjustments | | (473,025) | | | | | (459,622) | | | | | Total | | $ | 60,190,861 | | | | | $ | 57,885,556 | | | |
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| Schedule of Consolidated Obligation Bonds by Call Feature [Table Text Block] |
At March 31, 2026 and December 31, 2025, the Bank’s consolidated obligation bonds outstanding included the following (in thousands, at par value): | | | | | | | | | | | | | March 31, 2026 | | December 31, 2025 | | Non-callable bonds | $ | 31,940,075 | | | $ | 31,777,075 | | | Callable bonds | 28,720,500 | | | 26,563,900 | | | Total par value | $ | 60,660,575 | | | $ | 58,340,975 | |
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| Schedule of Maturities of Consolidated Obligation Bonds by Contractual Maturity or Next Call Date [Table Text Block] |
The following table summarizes the Bank’s consolidated obligation bonds outstanding at March 31, 2026 and December 31, 2025, by the earlier of contractual maturity or next possible call date (in thousands, at par value): | | | | | | | | | | | | | | | | Contractual Maturity or Next Call Date | | March 31, 2026 | | December 31, 2025 | | Due in one year or less | | $ | 55,011,810 | | | $ | 52,120,085 | | | Due after one year through two years | | 3,039,050 | | | 3,773,330 | | | Due after two years through three years | | 1,622,585 | | | 1,464,430 | | | Due after three years through four years | | 726,130 | | | 777,130 | | | Due after four years through five years | | 216,000 | | | 161,000 | | | Due after five years | | 45,000 | | | 45,000 | | | Total par value | | $ | 60,660,575 | | | $ | 58,340,975 | |
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| Schedule of Short-term Debt [Table Text Block] |
At March 31, 2026 and December 31, 2025, the Bank’s consolidated obligation discount notes, all of which are due within one year, were as follows (dollars in thousands): | | | | | | | | | | | | | | | | | | | Book Value | | Par Value | | Weighted
Average Implied
Interest Rate | | | | | | | | March 31, 2026 | $ | 27,317,808 | | | $ | 27,491,162 | | | 3.56 | % | | | | | | | | December 31, 2025 | $ | 40,185,289 | | | $ | 40,436,121 | | | 3.72 | % |
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