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    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems_019d215e-2961-7e86-b013-2519de69c4c6_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt and Equity Securities, FV-NI [Line Items]</link:label>
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    <link:label id="lab_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockTable_label_en-US" xlink:label="lab_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock [Table]</link:label>
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    <link:label id="lab_fhlbd_PercentOfFixedRateAdvancesSwappedToAdjustableRate_019d215e-2961-76bd-8b72-6dfe6884b636_terseLabel_en-US" xlink:label="lab_fhlbd_PercentOfFixedRateAdvancesSwappedToAdjustableRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent Of Fixed Rate Advances Swapped To Adjustable Rate</link:label>
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    <link:label id="lab_fhlbd_PercentOfFixedRateAdvancesSwappedToAdjustableRate_documentation_en-US" xlink:label="lab_fhlbd_PercentOfFixedRateAdvancesSwappedToAdjustableRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent Of Fixed Rate Advances Swapped To Adjustable Rate</link:label>
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    <link:label id="lab_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure_label_en-US" xlink:label="lab_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure_documentation_en-US" xlink:label="lab_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:href="fhlbd-20260331.xsd#fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:to="lab_fhlbd_SecuritiesPurchasedUnderAgreementsToResellFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate_019d215e-2961-7a32-9b4b-d057269fafce_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate_label_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Four, Weighted Average Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFourWeightedAverageInterestRate"/>
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    <link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_019d215e-2961-7f9e-8667-0a68c30313d2_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-interest bearing deposits</link:label>
    <link:label id="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic_label_en-US" xlink:label="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noninterest-Bearing Deposit Liabilities, Domestic</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NoninterestBearingDepositLiabilitiesDomestic"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:to="lab_us-gaap_NoninterestBearingDepositLiabilitiesDomestic" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_019d215e-2961-7f54-8277-8efc4c4017af_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByMeasurementBasisAxis_label_en-US" xlink:label="lab_us-gaap_FairValueByMeasurementBasisAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measurement Basis [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByMeasurementBasisAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByMeasurementBasisAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByMeasurementBasisAxis" xlink:to="lab_us-gaap_FairValueByMeasurementBasisAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AdjToCompAxis_terseLabel_en-US" xlink:label="lab_ecd_AdjToCompAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to Compensation:</link:label>
    <link:label id="lab_ecd_AdjToCompAxis_label_en-US" xlink:label="lab_ecd_AdjToCompAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to Compensation [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AdjToCompAxis" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AdjToCompAxis" xlink:to="lab_ecd_AdjToCompAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_NamedExecutiveOfficersFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_NamedExecutiveOfficersFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Named Executive Officers, Footnote</link:label>
    <link:label id="lab_ecd_NamedExecutiveOfficersFnTextBlock_label_en-US" xlink:label="lab_ecd_NamedExecutiveOfficersFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Named Executive Officers, Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_NamedExecutiveOfficersFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NamedExecutiveOfficersFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_NamedExecutiveOfficersFnTextBlock" xlink:to="lab_ecd_NamedExecutiveOfficersFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeMember_019d215e-2961-7b34-9ebd-22f3079632e7_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) [Member]</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss) [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeMember" xlink:to="lab_us-gaap_OtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_019d215e-2961-72d9-a20e-b464b91b03bd_terseLabel_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Categories of Investments</link:label>
    <link:label id="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain_label_en-US" xlink:label="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other than Temporary Impairment, Credit Losses Recognized in Earnings, Categories of Investments [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:to="lab_us-gaap_OtherThanTemporaryImpairmentCreditLossesRecognizedInEarningsCategoriesOfInvestmentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AssetsAmountOffsetAgainstCollateral_019d215e-2961-7a91-89f4-1113bf0311c5_negatedLabel_en-US" xlink:label="lab_fhlbd_AssetsAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Assets, Amounts Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_AssetsAmountOffsetAgainstCollateral_label_en-US" xlink:label="lab_fhlbd_AssetsAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets, Amount Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_AssetsAmountOffsetAgainstCollateral_documentation_en-US" xlink:label="lab_fhlbd_AssetsAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of assets offset against an obligation to return collateral under a master netting arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AssetsAmountOffsetAgainstCollateral" xlink:href="fhlbd-20260331.xsd#fhlbd_AssetsAmountOffsetAgainstCollateral"/>
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    <link:label id="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties_019d215e-28a1-773c-98d3-d7577b6c596c_terseLabel_en-US" xlink:label="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Excess Non-Cash Collateral Pledged</link:label>
    <link:label id="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties_label_en-US" xlink:label="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AdditionalNetExcessExposureCollateralPledgedtoCounterparties</link:label>
    <link:label id="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties_documentation_en-US" xlink:label="lab_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AdditionalNetExcessExposureCollateralPledgedtoCounterparties</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties" xlink:href="fhlbd-20260331.xsd#fhlbd_AdditionalNetExcessExposureCollateralPledgedtoCounterparties"/>
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    <link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_019d215e-2961-7ee0-87bc-3bdc4b334463_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net losses on other assets carried at fair value</link:label>
    <link:label id="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1_label_en-US" xlink:label="lab_us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Option, Changes in Fair Value, Gain (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueOptionChangesInFairValueGainLoss1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueOptionChangesInFairValueGainLoss1"/>
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    <link:label id="lab_us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset_019d215e-2961-7370-a110-30958c06e429_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Liability, Fair Value, Amount Offset Against Collateral</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilityCollateralRightToReclaimCashOffset"/>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax_019d215e-29eb-7488-95fb-7f4efb4dc144_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansBeforeTax"/>
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    <link:label id="lab_us-gaap_InterestRateCapMember_019d215e-2961-7d6b-b9e3-69a0aa8b180d_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateCapMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Cap [Member]</link:label>
    <link:label id="lab_us-gaap_InterestRateCapMember_label_en-US" xlink:label="lab_us-gaap_InterestRateCapMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Cap [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateCapMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestRateCapMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateCapMember" xlink:to="lab_us-gaap_InterestRateCapMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AdjToCompAmt_terseLabel_en-US" xlink:label="lab_ecd_AdjToCompAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to Compensation, Amount</link:label>
    <link:label id="lab_ecd_AdjToCompAmt_label_en-US" xlink:label="lab_ecd_AdjToCompAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to Compensation Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AdjToCompAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToCompAmt"/>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_019d215e-2961-795c-a6f9-23faa7d38706_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease (increase) in other assets</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Other Operating Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingAssets" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingAssets"/>
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    <link:label id="lab_us-gaap_EmployeeStockOptionMember_terseLabel_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Stock Option</link:label>
    <link:label id="lab_us-gaap_EmployeeStockOptionMember_label_en-US" xlink:label="lab_us-gaap_EmployeeStockOptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Share-Based Payment Arrangement, Option [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EmployeeStockOptionMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EmployeeStockOptionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EmployeeStockOptionMember" xlink:to="lab_us-gaap_EmployeeStockOptionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_TransactionswithstockholderstextblockTextBlock_019d215e-29ea-7667-a52d-c319680550e5_terseLabel_en-US" xlink:label="lab_fhlbd_TransactionswithstockholderstextblockTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions With Stockholders [Text Block]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativesOffsettingFairValueAmountsPolicy" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativesOffsettingFairValueAmountsPolicy"/>
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    <link:label id="lab_us-gaap_AssetPledgedAsCollateralWithoutRightMember_label_en-US" xlink:label="lab_us-gaap_AssetPledgedAsCollateralWithoutRightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Pledged as Collateral without Right [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetPledgedAsCollateralWithoutRightMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetPledgedAsCollateralWithoutRightMember"/>
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    <link:label id="lab_us-gaap_DividendsCommonStockCash_019d215e-2961-7bdf-91a7-0b468b7077d7_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash</link:label>
    <link:label id="lab_us-gaap_DividendsCommonStockCash_label_en-US" xlink:label="lab_us-gaap_DividendsCommonStockCash" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Common Stock, Cash</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsCommonStockCash" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsCommonStockCash"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsCommonStockCash" xlink:to="lab_us-gaap_DividendsCommonStockCash" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockholdersEquity_019d215e-2960-704e-982a-0919a33f648b_totalLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total capital</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_019d215e-2960-79d4-84e3-c28529895906_periodStartLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_019d215e-2960-7b68-93fe-e1cc5d98af8e_periodEndLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquity_label_en-US" xlink:label="lab_us-gaap_StockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity, Attributable to Parent</link:label>
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    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleTable_019d215e-29eb-7353-beb8-22814c9992b2_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities [Table]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleTable" xlink:to="lab_us-gaap_DebtSecuritiesAvailableForSaleTable" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_InsiderTradingPoliciesProcLineItems_label_en-US" xlink:label="lab_ecd_InsiderTradingPoliciesProcLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insider Trading Policies and Procedures [Line Items]</link:label>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember_019d215e-2961-71c8-ab83-449a9f7a2ed1_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances Callable Option [Member]</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Callable Option [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesCallableOptionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201613Member_019d215e-29ea-700e-afce-4a6654ffe075_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201613Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-13 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201613Member_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201613Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-13 [Member]</link:label>
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    <link:label id="lab_srt_FederalHomeLoanBankOfChicagoMember_019d215e-2961-7ee9-8227-5a1f020cce45_terseLabel_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfChicagoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Chicago</link:label>
    <link:label id="lab_srt_FederalHomeLoanBankOfChicagoMember_label_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfChicagoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Chicago [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_FederalHomeLoanBankOfChicagoMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_FederalHomeLoanBankOfChicagoMember"/>
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_019d215e-29eb-773e-a73a-f64efe65b44c_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">LIABILITIES AND CAPITAL</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:to="lab_us-gaap_LiabilitiesAndStockholdersEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_019d215e-29eb-73c0-884f-abf9d93e4dce_terseLabel_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:label id="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember_label_en-US" xlink:label="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Portion at Fair Value Measurement [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PortionAtFairValueFairValueDisclosureMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:to="lab_us-gaap_PortionAtFairValueFairValueDisclosureMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MaximumMember_019d215e-29eb-7137-9a72-83aacd56fdd9_terseLabel_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:label id="lab_srt_MaximumMember_label_en-US" xlink:label="lab_srt_MaximumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MaximumMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MaximumMember"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalActual_019d215e-2961-7367-99e2-10b634171ec9_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalActual" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Risk-Based Capital, Actual</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalActual_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalActual" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Risk-Based Capital, Actual</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankRiskBasedCapitalActual" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankRiskBasedCapitalActual"/>
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    <link:label id="lab_fhlbd_Otherexpensediscretionarygrants_019d215e-2961-7fe0-803d-84c9cdf41a59_terseLabel_en-US" xlink:label="lab_fhlbd_Otherexpensediscretionarygrants" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Voluntary grants, subsidies, donations and Affordable Housing Program contributions</link:label>
    <link:label id="lab_fhlbd_Otherexpensediscretionarygrants_label_en-US" xlink:label="lab_fhlbd_Otherexpensediscretionarygrants" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">other expense discretionary grants</link:label>
    <link:label id="lab_fhlbd_Otherexpensediscretionarygrants_documentation_en-US" xlink:label="lab_fhlbd_Otherexpensediscretionarygrants" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">other expense discretionary grants</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_Otherexpensediscretionarygrants" xlink:href="fhlbd-20260331.xsd#fhlbd_Otherexpensediscretionarygrants"/>
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    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition_019d215e-28a1-737b-b57d-56a0eee82881_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Unrealized Loss Position</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Unrealized Loss Position</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPosition"/>
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    <link:loc xlink:type="locator" xlink:label="loc_ecd_NonPeoNeoAvgTotalCompAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonPeoNeoAvgTotalCompAmt"/>
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    <link:label id="lab_srt_FederalHomeLoanBankOfAtlantaMember_label_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfAtlantaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Atlanta [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_FederalHomeLoanBankOfAtlantaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_FederalHomeLoanBankOfAtlantaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_FederalHomeLoanBankOfAtlantaMember" xlink:to="lab_srt_FederalHomeLoanBankOfAtlantaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_019d215e-29eb-7485-834e-61878a76684e_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentLineItems_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentLineItems" xlink:to="lab_us-gaap_DebtInstrumentLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AdjToNonPeoNeoCompFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to Non-PEO NEO Compensation Footnote</link:label>
    <link:label id="lab_ecd_AdjToNonPeoNeoCompFnTextBlock_label_en-US" xlink:label="lab_ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment to Non-PEO NEO Compensation Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToNonPeoNeoCompFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:to="lab_ecd_AdjToNonPeoNeoCompFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt_terseLabel_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Disqualification of Tax Benefits, Amount</link:label>
    <link:label id="lab_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt_label_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Disqualification of Tax Benefits, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:to="lab_ecd_ForgoneRecoveryDueToDisqualificationOfTaxBenefitsAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DebtGross_019d215e-2961-7d11-99f0-b43c7c623ce0_terseLabel_en-US" xlink:label="lab_fhlbd_DebtGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt, Gross</link:label>
    <link:label id="lab_fhlbd_DebtGross_019d215e-2961-7c9c-b355-6892939e3fca_totalLabel_en-US" xlink:label="lab_fhlbd_DebtGross" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Debt, Gross</link:label>
    <link:label id="lab_fhlbd_DebtGross_label_en-US" xlink:label="lab_fhlbd_DebtGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt, Gross</link:label>
    <link:label id="lab_fhlbd_DebtGross_documentation_en-US" xlink:label="lab_fhlbd_DebtGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Including current and noncurrent portions, aggregate carrying principal amount of borrowings as of the balance sheet date before deducting unamortized discount or premiums (if any).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DebtGross" xlink:href="fhlbd-20260331.xsd#fhlbd_DebtGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DebtGross" xlink:to="lab_fhlbd_DebtGross" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_NonRule10b51ArrTrmntdFlag_terseLabel_en-US" xlink:label="lab_ecd_NonRule10b51ArrTrmntdFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-Rule 10b5-1 Arrangement Terminated</link:label>
    <link:label id="lab_ecd_NonRule10b51ArrTrmntdFlag_label_en-US" xlink:label="lab_ecd_NonRule10b51ArrTrmntdFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-Rule 10b5-1 Arrangement Terminated [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_NonRule10b51ArrTrmntdFlag" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_NonRule10b51ArrTrmntdFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_NonRule10b51ArrTrmntdFlag" xlink:to="lab_ecd_NonRule10b51ArrTrmntdFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_019d215e-2961-799a-a3f4-6c7b43f8fb06_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing deposits</link:label>
    <link:label id="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions_label_en-US" xlink:label="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Deposits with Financial Institutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeDepositsWithFinancialInstitutions"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:to="lab_us-gaap_InterestIncomeDepositsWithFinancialInstitutions" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares_019d215e-2961-75a4-9ba9-f8c261a97c5a_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Shares reclassified to mandatorily redeemable capital stock, shares</link:label>
    <link:label id="lab_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares_label_en-US" xlink:label="lab_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Shares Reclassified to Mandatorily Redeemable Capital Stock, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares" xlink:to="lab_us-gaap_NetSharesReclassifiedToMandatorilyRedeemableCapitalStockShares" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_019d215e-2961-7b0d-86db-b247e466f4d7_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INCOME BEFORE ASSESSMENTS</link:label>
    <link:label id="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest_label_en-US" xlink:label="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:to="lab_us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityShellCompany_019d215e-29ea-719e-9bc4-4e9e8ade3385_terseLabel_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:label id="lab_dei_EntityShellCompany_label_en-US" xlink:label="lab_dei_EntityShellCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Shell Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityShellCompany" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityShellCompany"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityShellCompany" xlink:to="lab_dei_EntityShellCompany" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtInstrumentTable_019d215e-29eb-7bf8-ad01-5415eedd7aae_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Long-term Debt Instruments [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentTable_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Long-Term Debt Instruments [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentTable" xlink:to="lab_us-gaap_DebtInstrumentTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_019d215e-2961-7b40-90c7-c235b3e32838_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis_label_en-US" xlink:label="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingency Nature [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LossContingenciesByNatureOfContingencyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:to="lab_us-gaap_LossContingenciesByNatureOfContingencyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease_019d215e-2961-7f37-b60d-5d3e2a7e5c04_negatedLabel_en-US" xlink:label="lab_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Hedged Liability, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)</link:label>
    <link:label id="lab_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease_label_en-US" xlink:label="lab_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Liability, Discontinued Fair Value Hedge, Cumulative Increase (Decrease)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease" xlink:to="lab_us-gaap_HedgedLiabilityDiscontinuedFairValueHedgeCumulativeIncreaseDecrease" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesGross_019d215e-2961-742b-a7bf-f28286644452_terseLabel_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offsetting Liabilities, Gross</link:label>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesGross_label_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OffsettingLiabilitiesGross</link:label>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesGross_documentation_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">OffsettingLiabilitiesGross</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OffsettingLiabilitiesGross" xlink:href="fhlbd-20260331.xsd#fhlbd_OffsettingLiabilitiesGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OffsettingLiabilitiesGross" xlink:to="lab_fhlbd_OffsettingLiabilitiesGross" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_019d215e-2961-7467-9385-0810c40f2400_terseLabel_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:label id="lab_us-gaap_StatementOfStockholdersEquityAbstract_label_en-US" xlink:label="lab_us-gaap_StatementOfStockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Stockholders' Equity [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfStockholdersEquityAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfStockholdersEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementOfStockholdersEquityAbstract" xlink:to="lab_us-gaap_StatementOfStockholdersEquityAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock_019d215e-2961-7a5e-8003-dd7106f2829b_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Activity in Affordable Housing Program Obligation [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock_label_en-US" xlink:label="lab_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity in Affordable Housing Program Obligation [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock" xlink:to="lab_us-gaap_ScheduleOfActivityInAffordableHousingProgramObligationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardTmgMnpiCnsdrdFlag_terseLabel_en-US" xlink:label="lab_ecd_AwardTmgMnpiCnsdrdFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Timing MNPI Considered</link:label>
    <link:label id="lab_ecd_AwardTmgMnpiCnsdrdFlag_label_en-US" xlink:label="lab_ecd_AwardTmgMnpiCnsdrdFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Timing MNPI Considered [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardTmgMnpiCnsdrdFlag" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiCnsdrdFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardTmgMnpiCnsdrdFlag" xlink:to="lab_ecd_AwardTmgMnpiCnsdrdFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseOperating_019d215e-29ea-719f-b505-d7340ea2afb9_totalLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOperating" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total interest expense</link:label>
    <link:label id="lab_us-gaap_InterestExpenseOperating_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOperating" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Operating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseOperating" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseOperating"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseOperating" xlink:to="lab_us-gaap_InterestExpenseOperating" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseDomesticDeposits_019d215e-29ea-7ed5-864a-9ae252a986c2_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseDomesticDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits</link:label>
    <link:label id="lab_us-gaap_InterestExpenseDomesticDeposits_label_en-US" xlink:label="lab_us-gaap_InterestExpenseDomesticDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Domestic Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseDomesticDeposits" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseDomesticDeposits"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseDomesticDeposits" xlink:to="lab_us-gaap_InterestExpenseDomesticDeposits" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1_019d215e-2961-799a-ad80-3f326605c63f_terseLabel_en-US" xlink:label="lab_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Maximum Length of Time Hedged in Cash Flow Hedge</link:label>
    <link:label id="lab_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1_label_en-US" xlink:label="lab_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Maximum Length of Time Hedged in Cash Flow Hedge</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1" xlink:to="lab_us-gaap_MaximumLengthOfTimeHedgedInCashFlowHedge1" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract_019d215e-29eb-7dc7-8b23-1b15b63d92dd_terseLabel_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans Held for Portfolio [Abstract]</link:label>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract_label_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans Held for Portfolio [Abstract]</link:label>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract_documentation_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans Held for Portfolio [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_MortgageLoansHeldForPortfolioAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:to="lab_fhlbd_MortgageLoansHeldForPortfolioAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AdvancesAbstract_019d215e-29ea-7c17-bdee-83c888d6015c_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances [Abstract]</link:label>
    <link:label id="lab_fhlbd_AdvancesAbstract_label_en-US" xlink:label="lab_fhlbd_AdvancesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances [Abstract]</link:label>
    <link:label id="lab_fhlbd_AdvancesAbstract_documentation_en-US" xlink:label="lab_fhlbd_AdvancesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AdvancesAbstract" xlink:to="lab_fhlbd_AdvancesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired_019d215e-2961-76d1-9cca-d8f3b4a62853_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Regulatory Capital, Required</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Regulatory Capital, Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired" xlink:to="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRequired" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive_019d215e-2960-7343-b730-d73028d460f7_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Weighted Average Interest Rate, Maturing in Rolling Year Five</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Weighted Average Interest Rate, Maturing in Rolling Year Five</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearFive"/>
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    <link:label id="lab_dei_DocumentFiscalPeriodFocus_019d215e-29ea-70cf-86fc-ea9a988e007a_terseLabel_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:label id="lab_dei_DocumentFiscalPeriodFocus_label_en-US" xlink:label="lab_dei_DocumentFiscalPeriodFocus" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Fiscal Period Focus</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentFiscalPeriodFocus" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentFiscalPeriodFocus"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentFiscalPeriodFocus" xlink:to="lab_dei_DocumentFiscalPeriodFocus" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativesFairValueLineItems_019d215e-2961-7a39-bff9-4dad3d90f19d_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, Fair Value [Line Items]</link:label>
    <link:label id="lab_us-gaap_DerivativesFairValueLineItems_label_en-US" xlink:label="lab_us-gaap_DerivativesFairValueLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, Fair Value [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativesFairValueLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativesFairValueLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesFairValueLineItems" xlink:to="lab_us-gaap_DerivativesFairValueLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember_019d215e-29eb-77f1-b708-764dc63dce41_terseLabel_en-US" xlink:label="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell [Member]</link:label>
    <link:label id="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember_label_en-US" xlink:label="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell [Member]</link:label>
    <link:label id="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember_documentation_en-US" xlink:label="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:href="fhlbd-20260331.xsd#fhlbd_SecuritiesPurchasedunderAgreementstoResellMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:to="lab_fhlbd_SecuritiesPurchasedunderAgreementstoResellMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardTmgMethodTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AwardTmgMethodTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Timing Method</link:label>
    <link:label id="lab_ecd_AwardTmgMethodTextBlock_label_en-US" xlink:label="lab_ecd_AwardTmgMethodTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Timing Method [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardTmgMethodTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMethodTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardTmgMethodTextBlock" xlink:to="lab_ecd_AwardTmgMethodTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AwardTypeAxis_terseLabel_en-US" xlink:label="lab_us-gaap_AwardTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Type</link:label>
    <link:label id="lab_us-gaap_AwardTypeAxis_label_en-US" xlink:label="lab_us-gaap_AwardTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AwardTypeAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AwardTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AwardTypeAxis" xlink:to="lab_us-gaap_AwardTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_019d215e-29ea-7999-954c-af8138db3811_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for New Accounting Pronouncements [Axis]</link:label>
    <link:label id="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis_label_en-US" xlink:label="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsForNewAccountingPronouncementsAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:to="lab_us-gaap_AdjustmentsForNewAccountingPronouncementsAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HedgingRelationshipDomain_019d215e-2961-747c-bce7-f6723efefd0f_terseLabel_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Domain]</link:label>
    <link:label id="lab_us-gaap_HedgingRelationshipDomain_label_en-US" xlink:label="lab_us-gaap_HedgingRelationshipDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HedgingRelationshipDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HedgingRelationshipDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HedgingRelationshipDomain" xlink:to="lab_us-gaap_HedgingRelationshipDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward_019d215e-29ea-7550-a6bc-90f29e555e84_terseLabel_en-US" xlink:label="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Borrowings from Other FHLBanks [Roll Forward]</link:label>
    <link:label id="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward_label_en-US" xlink:label="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Made to Other FHLBanks [Roll Forward]</link:label>
    <link:label id="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward_documentation_en-US" xlink:label="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans Made to Other FHLBanks [Roll Forward]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:href="fhlbd-20260331.xsd#fhlbd_LoansMadeToOtherFhlbanksRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:to="lab_fhlbd_LoansMadeToOtherFhlbanksRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree_019d215e-2961-7a1d-abda-a476cfe9d039_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary, in Rolling Year Three</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary, in Rolling Year Three</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearThree"/>
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    <link:label id="lab_dei_TradingSymbol_019d215e-2960-790d-9b9c-a1f123b1de60_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
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    <link:label id="lab_dei_EntityAddressCityOrTown_019d215e-29eb-71af-943e-6723607d3116_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
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    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_019d215e-29ea-7cb2-acff-8dd12b0c9289_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeDomain_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Debt, Type [Domain]</link:label>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRatioActual_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalRatioActual" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Regulatory Capital Ratio, Actual</link:label>
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    <link:label id="lab_ecd_NonPeoNeoAvgCompActuallyPaidAmt_label_en-US" xlink:label="lab_ecd_NonPeoNeoAvgCompActuallyPaidAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-PEO NEO Average Compensation Actually Paid Amount</link:label>
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    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_019d215e-29ea-7c35-ab06-7ae4c88f66d8_terseLabel_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Income Statement Location [Domain]</link:label>
    <link:label id="lab_us-gaap_IncomeStatementLocationDomain_label_en-US" xlink:label="lab_us-gaap_IncomeStatementLocationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Income Location, Balance [Domain]</link:label>
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    <link:label id="lab_fhlbd_DeferredPrepaymentFeesOnAdvancesDuringPeriod_label_en-US" xlink:label="lab_fhlbd_DeferredPrepaymentFeesOnAdvancesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Prepayment Fees on Advances During Period</link:label>
    <link:label id="lab_fhlbd_DeferredPrepaymentFeesOnAdvancesDuringPeriod_documentation_en-US" xlink:label="lab_fhlbd_DeferredPrepaymentFeesOnAdvancesDuringPeriod" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Prepayment Fees on Advances During Period</link:label>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearTwo_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary, in Rolling Year Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearTwo" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearTwo"/>
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    <link:label id="lab_dei_EntityEmergingGrowthCompany_019d215e-29eb-768b-bba6-06ac8263041b_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
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    <link:label id="lab_us-gaap_TradingSecuritiesUnrealizedHoldingGainLossAbstract_label_en-US" xlink:label="lab_us-gaap_TradingSecuritiesUnrealizedHoldingGainLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, Unrealized Gain (Loss) [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_TradingSecuritiesUnrealizedHoldingGainLossAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TradingSecuritiesUnrealizedHoldingGainLossAbstract"/>
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    <link:label id="lab_us-gaap_InterestIncomeFederalHomeLoanBankAdvances_019d215e-2961-71af-a9ea-48102e19c7c9_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalHomeLoanBankAdvances" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances</link:label>
    <link:label id="lab_us-gaap_InterestIncomeFederalHomeLoanBankAdvances_label_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalHomeLoanBankAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Federal Home Loan Bank Advances</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeFederalHomeLoanBankAdvances" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeFederalHomeLoanBankAdvances"/>
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    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesTextBlock_019d215e-29eb-759d-9722-f543c0edcf41_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesTextBlock_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity [Table Text Block]</link:label>
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    <link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimCash_019d215e-2961-7d0a-876b-f17ff1dcd5d7_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimCash" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Collateral, Right to Reclaim Cash</link:label>
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    <link:label id="lab_ecd_ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember_terseLabel_en-US" xlink:label="lab_ecd_ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year</link:label>
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    <link:label id="lab_fhlbd_TransfersfromTradingSecuritiestoOtherAssets_019d215e-29eb-71f8-85c9-0fefb58ae647_terseLabel_en-US" xlink:label="lab_fhlbd_TransfersfromTradingSecuritiestoOtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transfers from Trading Securities to Other Assets</link:label>
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    <link:label id="lab_us-gaap_InterestRateSwaptionMember_label_en-US" xlink:label="lab_us-gaap_InterestRateSwaptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swaption [Member]</link:label>
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    <link:label id="lab_us-gaap_OtherAssetsFairValueDisclosure_label_en-US" xlink:label="lab_us-gaap_OtherAssetsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssetsFairValueDisclosure" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssetsFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssetsFairValueDisclosure" xlink:to="lab_us-gaap_OtherAssetsFairValueDisclosure" xlink:type="arc" order="1"/>
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    <link:label id="lab_fhlbd_Fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19Member_label_en-US" xlink:label="lab_fhlbd_Fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19 [Member]</link:label>
    <link:label id="lab_fhlbd_Fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19Member_documentation_en-US" xlink:label="lab_fhlbd_Fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">fhlbd_ConventionalMortgageLoansInAForbearancePlanDueToCOVID19</link:label>
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    <link:label id="lab_us-gaap_NoninterestExpenseAbstract_019d215e-2961-736d-8654-75acec28c1dc_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER EXPENSE</link:label>
    <link:label id="lab_us-gaap_NoninterestExpenseAbstract_label_en-US" xlink:label="lab_us-gaap_NoninterestExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noninterest Expense [Abstract]</link:label>
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    <link:label id="lab_fhlbd_DerivativeItemHedgedDomain_label_en-US" xlink:label="lab_fhlbd_DerivativeItemHedgedDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Item Hedged [Domain]</link:label>
    <link:label id="lab_fhlbd_DerivativeItemHedgedDomain_documentation_en-US" xlink:label="lab_fhlbd_DerivativeItemHedgedDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Domain] for Derivative Item Hedged [Axis]</link:label>
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    <link:label id="lab_us-gaap_CashAndDueFromBanks_019d215e-2961-7424-a0ef-6a3b85a55544_terseLabel_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cash and due from banks</link:label>
    <link:label id="lab_us-gaap_CashAndDueFromBanks_label_en-US" xlink:label="lab_us-gaap_CashAndDueFromBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash and Due from Banks</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashAndDueFromBanks" xlink:to="lab_us-gaap_CashAndDueFromBanks" xlink:type="arc" order="1"/>
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    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateOfAmortizingAdvancesAtBalanceSheetDate_label_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateOfAmortizingAdvancesAtBalanceSheetDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Weighted Average Interest Rate of Amortizing Advances at Balance Sheet Date</link:label>
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    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_019d215e-2961-7ee2-9e0e-deacb8750ef5_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Financing Receivable [Domain]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableRecordedInvestmentClassOfFinancingReceivableDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Financing Receivable [Domain]</link:label>
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    <link:label id="lab_dei_EntityAddressPostalZipCode_019d215e-2961-7061-8319-03b2579ba369_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressPostalZipCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressPostalZipCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode" xlink:to="lab_dei_EntityAddressPostalZipCode" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_RestatementDeterminationDate_terseLabel_en-US" xlink:label="lab_ecd_RestatementDeterminationDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement Determination Date</link:label>
    <link:label id="lab_ecd_RestatementDeterminationDate_label_en-US" xlink:label="lab_ecd_RestatementDeterminationDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement Determination Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_RestatementDeterminationDate" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDeterminationDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_RestatementDeterminationDate" xlink:to="lab_ecd_RestatementDeterminationDate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember_019d215e-2961-77a0-9b9a-13ba4b3bb718_terseLabel_en-US" xlink:label="lab_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Assets, Excluding Debt and Equity Securities [Member]</link:label>
    <link:label id="lab_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember_label_en-US" xlink:label="lab_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Assets, Excluding Debt and Equity Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember" xlink:to="lab_us-gaap_TradingAssetsExcludingDebtAndEquitySecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment_019d215e-29eb-7137-a08d-e201c6b56441_totalLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Amortized Cost, before Other-than-temporary Impairment</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Amortized Cost, before Other-than-temporary Impairment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherAssets_019d215e-2961-7c71-841e-8f582eb396da_terseLabel_en-US" xlink:label="lab_us-gaap_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other assets (Note 9) (including $25,817 and $24,997 of securities held at fair value at March 31, 2026 and December 31, 2025, respectively)</link:label>
    <link:label id="lab_us-gaap_OtherAssets_label_en-US" xlink:label="lab_us-gaap_OtherAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Assets</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherAssets" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherAssets" xlink:to="lab_us-gaap_OtherAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PnsnAdjsSvcCstMember_terseLabel_en-US" xlink:label="lab_ecd_PnsnAdjsSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension Adjustments Service Cost</link:label>
    <link:label id="lab_ecd_PnsnAdjsSvcCstMember_label_en-US" xlink:label="lab_ecd_PnsnAdjsSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension Adjustments Service Cost [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PnsnAdjsSvcCstMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PnsnAdjsSvcCstMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PnsnAdjsSvcCstMember" xlink:to="lab_ecd_PnsnAdjsSvcCstMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_019d215e-2961-71b1-a03a-c128ea7a785a_terseLabel_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Designated as Hedging Instrument [Member]</link:label>
    <link:label id="lab_us-gaap_DesignatedAsHedgingInstrumentMember_label_en-US" xlink:label="lab_us-gaap_DesignatedAsHedgingInstrumentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Designated as Hedging Instrument [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DesignatedAsHedgingInstrumentMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DesignatedAsHedgingInstrumentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DesignatedAsHedgingInstrumentMember" xlink:to="lab_us-gaap_DesignatedAsHedgingInstrumentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember_019d215e-29ea-7e70-baf3-100d6f4f13a1_terseLabel_en-US" xlink:label="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives Not Designated As Hedging Before Price Alignment</link:label>
    <link:label id="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember_label_en-US" xlink:label="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Not Designated As Hedging Before Price Alignment [Member]</link:label>
    <link:label id="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember_documentation_en-US" xlink:label="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives Not Designated As Hedging Before Price Alignment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:to="lab_fhlbd_DerivativesNotDesignatedAsHedgingBeforePriceAlignmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_019d215e-29eb-71ec-b466-f7facd2aa812_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
    <link:label id="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis_label_en-US" xlink:label="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Hierarchy and NAV [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByFairValueHierarchyLevelAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:to="lab_us-gaap_FairValueByFairValueHierarchyLevelAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_019d215e-2961-769f-b60d-606cd0d80862_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Relationship [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:to="lab_us-gaap_DerivativeInstrumentsGainLossByHedgingRelationshipAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_SingleFamilyMember_019d215e-29eb-79c7-b11d-e4db9e50efa8_terseLabel_en-US" xlink:label="lab_srt_SingleFamilyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Single Family [Member]</link:label>
    <link:label id="lab_srt_SingleFamilyMember_label_en-US" xlink:label="lab_srt_SingleFamilyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Single Family [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_SingleFamilyMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_SingleFamilyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_SingleFamilyMember" xlink:to="lab_srt_SingleFamilyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive_019d215e-29ea-7001-a792-3c3a2bd579b1_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, after Rolling Year Five</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, after Rolling Year Five</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateAfterRollingYearFive" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock_terseLabel_en-US" xlink:label="lab_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Compensation Actually Paid vs. Company Selected Measure</link:label>
    <link:label id="lab_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock_label_en-US" xlink:label="lab_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Compensation Actually Paid vs. Company Selected Measure [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:to="lab_ecd_CompActuallyPaidVsCoSelectedMeasureTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AllTradingArrangementsMember_terseLabel_en-US" xlink:label="lab_ecd_AllTradingArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Trading Arrangements</link:label>
    <link:label id="lab_ecd_AllTradingArrangementsMember_label_en-US" xlink:label="lab_ecd_AllTradingArrangementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Trading Arrangements [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AllTradingArrangementsMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllTradingArrangementsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AllTradingArrangementsMember" xlink:to="lab_ecd_AllTradingArrangementsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_EqtyAwrdsAdjFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments, Footnote</link:label>
    <link:label id="lab_ecd_EqtyAwrdsAdjFnTextBlock_label_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments, Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_EqtyAwrdsAdjFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_EqtyAwrdsAdjFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_EqtyAwrdsAdjFnTextBlock" xlink:to="lab_ecd_EqtyAwrdsAdjFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TotalShareholderRtnVsPeerGroupTextBlock_terseLabel_en-US" xlink:label="lab_ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Shareholder Return Vs Peer Group</link:label>
    <link:label id="lab_ecd_TotalShareholderRtnVsPeerGroupTextBlock_label_en-US" xlink:label="lab_ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Shareholder Return Vs Peer Group [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TotalShareholderRtnVsPeerGroupTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:to="lab_ecd_TotalShareholderRtnVsPeerGroupTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_StatementsOfCashFlowsAbstract_019d215e-29eb-7dec-bb76-0932a2e1464b_terseLabel_en-US" xlink:label="lab_fhlbd_StatementsOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statements of Cash Flows [Abstract]</link:label>
    <link:label id="lab_fhlbd_StatementsOfCashFlowsAbstract_label_en-US" xlink:label="lab_fhlbd_StatementsOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statements of Cash Flows [Abstract]</link:label>
    <link:label id="lab_fhlbd_StatementsOfCashFlowsAbstract_documentation_en-US" xlink:label="lab_fhlbd_StatementsOfCashFlowsAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Statements of Cash Flows [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_StatementsOfCashFlowsAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_StatementsOfCashFlowsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_StatementsOfCashFlowsAbstract" xlink:to="lab_fhlbd_StatementsOfCashFlowsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_019d215e-29ea-793d-a4a1-cf646175d507_terseLabel_en-US" xlink:label="lab_us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other, net</link:label>
    <link:label id="lab_us-gaap_NoninterestIncomeOtherOperatingIncome_label_en-US" xlink:label="lab_us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Noninterest Income, Other Operating Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NoninterestIncomeOtherOperatingIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:to="lab_us-gaap_NoninterestIncomeOtherOperatingIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_019d215e-29eb-7cbb-a851-4237025278be_terseLabel_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
    <link:label id="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract_label_en-US" xlink:label="lab_us-gaap_CommitmentsAndContingenciesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Commitments and Contingencies Disclosure [Abstract]</link:label>
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    <link:label id="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosureOffbalanceSheetRisksFaceAmountLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, off-Balance-Sheet Risks, Face Amount, Liability</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressStateOrProvince" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressStateOrProvince"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince" xlink:to="lab_dei_EntityAddressStateOrProvince" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_019d215e-29ea-7b32-af07-24b94769660a_totalLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total interest income</link:label>
    <link:label id="lab_us-gaap_InterestAndDividendIncomeOperating_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperating" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest and Dividend Income, Operating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestAndDividendIncomeOperating" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestAndDividendIncomeOperating"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestAndDividendIncomeOperating" xlink:to="lab_us-gaap_InterestAndDividendIncomeOperating" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_019d215e-2961-7a89-abb2-b6be7a2c8331_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Asset, Period Past Due [Domain]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset, Aging [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivablesPeriodPastDueDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:to="lab_us-gaap_FinancingReceivablesPeriodPastDueDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_019d215e-2961-773a-a25b-ea560a0dac56_terseLabel_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Receivable, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_LoansReceivableFairValueDisclosure_label_en-US" xlink:label="lab_us-gaap_LoansReceivableFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LoansReceivableFairValueDisclosure" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LoansReceivableFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansReceivableFairValueDisclosure" xlink:to="lab_us-gaap_LoansReceivableFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_NettingAdjustmentLiability_019d215e-2961-71d7-9e1d-fed4854a7877_terseLabel_en-US" xlink:label="lab_fhlbd_NettingAdjustmentLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Netting Adjustment Liability</link:label>
    <link:label id="lab_fhlbd_NettingAdjustmentLiability_label_en-US" xlink:label="lab_fhlbd_NettingAdjustmentLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Netting Adjustment Liability</link:label>
    <link:label id="lab_fhlbd_NettingAdjustmentLiability_documentation_en-US" xlink:label="lab_fhlbd_NettingAdjustmentLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Netting Adjustment Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_NettingAdjustmentLiability" xlink:href="fhlbd-20260331.xsd#fhlbd_NettingAdjustmentLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_NettingAdjustmentLiability" xlink:to="lab_fhlbd_NettingAdjustmentLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems_019d215e-2961-773c-851d-7e108fe1bd66_terseLabel_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offsetting Assets and Liabilities [Line Items]</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets and Liabilities [Line Items]</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems_documentation_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Tabular disclosure of derivative and other financial assets and liabilities that are subject to offsetting, including master netting arrangements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_OffsettingAssetsAndLiabilitiesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:to="lab_fhlbd_OffsettingAssetsAndLiabilitiesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract_019d215e-29eb-7252-a035-a63c666f17d4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OTHER COMPREHENSIVE INCOME (LOSS)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_IndividualAxis_terseLabel_en-US" xlink:label="lab_ecd_IndividualAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Individual:</link:label>
    <link:label id="lab_ecd_IndividualAxis_label_en-US" xlink:label="lab_ecd_IndividualAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Individual [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_IndividualAxis" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_IndividualAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_IndividualAxis" xlink:to="lab_ecd_IndividualAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_019d215e-2961-7609-b099-8e22baa98b84_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash dividends paid</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDividendsCommonStock_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDividendsCommonStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Ordinary Dividends, Common Stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDividendsCommonStock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfDividendsCommonStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDividendsCommonStock" xlink:to="lab_us-gaap_PaymentsOfDividendsCommonStock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate_019d215e-28a1-7b96-b66a-4617958d4ce3_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate_label_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Two, Weighted Average Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:to="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwoWeightedAverageInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntitiesTable_019d215e-29ea-7b33-8a39-9b5cb8ff526d_terseLabel_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entities [Table]</link:label>
    <link:label id="lab_dei_EntitiesTable_label_en-US" xlink:label="lab_dei_EntitiesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entities [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitiesTable" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitiesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitiesTable" xlink:to="lab_dei_EntitiesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsLineItems_019d215e-29eb-758c-8898-02dc3e9f3572_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsLineItems_label_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsLineItems_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfOtherTransactionsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:to="lab_fhlbd_ScheduleOfOtherTransactionsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock_019d215e-2961-7c2d-bfa7-af07609f8c25_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Consolidated Obligation Bonds by Contractual Maturity or Next Call Date [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock_label_en-US" xlink:label="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule Of Maturities Of Consolidated Obligation Bonds By Contractual Maturity Or Next Call Date [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Summary of Callable Consolidated Obligation Bonds Outstanding.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:to="lab_fhlbd_ScheduleOfMaturitiesOfConsolidatedObligationBondsByContractualMaturityOrNextCallDateTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FixedInterestRateMember_019d215e-2961-7e50-88bc-b7139e07dfcc_verboseLabel_en-US" xlink:label="lab_fhlbd_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Fixed Rate [Member]</link:label>
    <link:label id="lab_fhlbd_FixedInterestRateMember_019d215e-2961-7a24-a75f-5cddc333d89d_terseLabel_en-US" xlink:label="lab_fhlbd_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fhlbd_FixedInterestRateMember_label_en-US" xlink:label="lab_fhlbd_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fixed Interest Rate [Member]</link:label>
    <link:label id="lab_fhlbd_FixedInterestRateMember_documentation_en-US" xlink:label="lab_fhlbd_FixedInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fixed Interest Rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FixedInterestRateMember" xlink:href="fhlbd-20260331.xsd#fhlbd_FixedInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FixedInterestRateMember" xlink:to="lab_fhlbd_FixedInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate_019d215e-2961-7370-b4b9-4fcbd29a5e45_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal After Year Five, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate_label_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal After Year Five, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal After Year Five, Weighted Average Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:to="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFiveWeightedAverageInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock_terseLabel_en-US" xlink:label="lab_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forgone Recovery, Explanation of Impracticability</link:label>
    <link:label id="lab_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock_label_en-US" xlink:label="lab_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forgone Recovery, Explanation of Impracticability [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:to="lab_ecd_ForgoneRecoveryExplanationOfImpracticabilityTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherDepreciationAndAmortization_019d215e-2961-72e8-b1d1-97fc86f4c81d_terseLabel_en-US" xlink:label="lab_us-gaap_OtherDepreciationAndAmortization" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Premises, equipment and computer software costs</link:label>
    <link:label id="lab_us-gaap_OtherDepreciationAndAmortization_label_en-US" xlink:label="lab_us-gaap_OtherDepreciationAndAmortization" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Depreciation and Amortization</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherDepreciationAndAmortization" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherDepreciationAndAmortization"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherDepreciationAndAmortization" xlink:to="lab_us-gaap_OtherDepreciationAndAmortization" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityInteractiveDataCurrent_019d215e-29ea-714a-b0b4-b7fce80b254c_terseLabel_en-US" xlink:label="lab_dei_EntityInteractiveDataCurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Interactive Data Current</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityInteractiveDataCurrent" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityInteractiveDataCurrent"/>
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    <link:label id="lab_us-gaap_InterestIncomeDebtSecuritiesAvailableForSaleOperating_019d215e-29eb-7143-aa0c-4fcf2d33aca0_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeDebtSecuritiesAvailableForSaleOperating" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale securities</link:label>
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    <link:label id="lab_fhlbd_OffsettingAssetsTotal_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Total</link:label>
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    <link:label id="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract_019d215e-29eb-7829-88f8-8efd3b183ddc_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeOperatingAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INTEREST INCOME</link:label>
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    <link:label id="lab_fhlbd_TradingSecuritiesMember_019d215e-29ea-7239-b7c5-2684e30940e4_terseLabel_en-US" xlink:label="lab_fhlbd_TradingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Securities</link:label>
    <link:label id="lab_fhlbd_TradingSecuritiesMember_label_en-US" xlink:label="lab_fhlbd_TradingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities [Member]</link:label>
    <link:label id="lab_fhlbd_TradingSecuritiesMember_documentation_en-US" xlink:label="lab_fhlbd_TradingSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Trading Securities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_TradingSecuritiesMember" xlink:href="fhlbd-20260331.xsd#fhlbd_TradingSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_TradingSecuritiesMember" xlink:to="lab_fhlbd_TradingSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks_019d215e-29eb-7488-9caa-5b488f788658_terseLabel_en-US" xlink:label="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Par value of bonds transferred from other Federal Home Loan Banks</link:label>
    <link:label id="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks_label_en-US" xlink:label="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Par value of bonds transferred from Federal Home Loan Banks</link:label>
    <link:label id="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks_documentation_en-US" xlink:label="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Par value of bonds transferred from Federal Home Loan Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:href="fhlbd-20260331.xsd#fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:to="lab_fhlbd_ParValueOfBondsTransferredFromFederalHomeLoanBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement_019d215e-29ea-7fa5-a087-8e943a6c765b_terseLabel_en-US" xlink:label="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Surplus Stock Threshold Percentage</link:label>
    <link:label id="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement_label_en-US" xlink:label="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Surplus Stock Threshold Percentage, Amount Over Minimum Investment Requirement</link:label>
    <link:label id="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement_documentation_en-US" xlink:label="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Surplus Stock Threshold Percentage, Amount Over Minimum Investment Requirement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:href="fhlbd-20260331.xsd#fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:to="lab_fhlbd_SurplusStockThresholdPercentageAmountOverMinimumInvestmentRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DerivativeItemHedgedAxis_019d215e-29eb-77a3-bed2-f4fefac498e7_terseLabel_en-US" xlink:label="lab_fhlbd_DerivativeItemHedgedAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Item Hedged [Axis]</link:label>
    <link:label id="lab_fhlbd_DerivativeItemHedgedAxis_label_en-US" xlink:label="lab_fhlbd_DerivativeItemHedgedAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Item Hedged [Axis]</link:label>
    <link:label id="lab_fhlbd_DerivativeItemHedgedAxis_documentation_en-US" xlink:label="lab_fhlbd_DerivativeItemHedgedAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Item Hedged [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativeItemHedgedAxis" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativeItemHedgedAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativeItemHedgedAxis" xlink:to="lab_fhlbd_DerivativeItemHedgedAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse_019d215e-29ea-7cc6-aede-38c9c515a9b3_terseLabel_en-US" xlink:label="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Percent of Derivative Contract</link:label>
    <link:label id="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse_label_en-US" xlink:label="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PercentofDerivativeContractClearedThroughClearinghouse</link:label>
    <link:label id="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse_documentation_en-US" xlink:label="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PercentofDerivativeContractClearedThroughClearinghouse</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:href="fhlbd-20260331.xsd#fhlbd_PercentofDerivativeContractClearedThroughClearinghouse"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:to="lab_fhlbd_PercentofDerivativeContractClearedThroughClearinghouse" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCentralIndexKey_019d215e-29eb-7c02-b25e-65f147e7da4c_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityCentralIndexKey" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityCentralIndexKey"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey" xlink:to="lab_dei_EntityCentralIndexKey" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PeoName_terseLabel_en-US" xlink:label="lab_ecd_PeoName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">PEO Name</link:label>
    <link:label id="lab_ecd_PeoName_label_en-US" xlink:label="lab_ecd_PeoName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PEO Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PeoName" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeoName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PeoName" xlink:to="lab_ecd_PeoName" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_019d215e-29eb-745c-a8ee-4871d78fa843_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Long-term Debt [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock_label_en-US" xlink:label="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Maturities of Long-Term Debt [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:to="lab_us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_019d215e-2961-7eac-9000-24370be443b1_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net gains (losses) on derivatives and hedging activities</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments Not Designated as Hedging Instruments, Gain (Loss), Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:to="lab_us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_terseLabel_en-US" xlink:label="lab_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year</link:label>
    <link:label id="lab_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember_label_en-US" xlink:label="lab_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember" xlink:to="lab_ecd_FrValAsOfPrrYrEndOfEqtyAwrdsGrntdInPrrYrsFldVstngCondsDrngCvrdYrMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_019d215e-29ea-7ddf-b4c8-65d29676e84b_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:label id="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems_label_en-US" xlink:label="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:to="lab_us-gaap_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_OutstandingAggtErrCompAmt_terseLabel_en-US" xlink:label="lab_ecd_OutstandingAggtErrCompAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Outstanding Aggregate Erroneous Compensation Amount</link:label>
    <link:label id="lab_ecd_OutstandingAggtErrCompAmt_label_en-US" xlink:label="lab_ecd_OutstandingAggtErrCompAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Outstanding Aggregate Erroneous Compensation Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_OutstandingAggtErrCompAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingAggtErrCompAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_OutstandingAggtErrCompAmt" xlink:to="lab_ecd_OutstandingAggtErrCompAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable_019d215e-29ea-7176-a170-dde5b89432c0_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Earlier of Contractual Maturity or Next Put Date [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable_label_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Earlier of Contractual Maturity or Next Put Date [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances by Earlier of Contractual Maturity or Next Put Date [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateTable"/>
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    <link:label id="lab_fhlbd_EmployeeRetirementPlansAbstract_019d215e-29ea-74b2-bd51-7a75675e127c_terseLabel_en-US" xlink:label="lab_fhlbd_EmployeeRetirementPlansAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Employee Retirement Plans [Abstract]</link:label>
    <link:label id="lab_fhlbd_EmployeeRetirementPlansAbstract_label_en-US" xlink:label="lab_fhlbd_EmployeeRetirementPlansAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Employee Retirement Plans [Abstract]</link:label>
    <link:label id="lab_fhlbd_EmployeeRetirementPlansAbstract_documentation_en-US" xlink:label="lab_fhlbd_EmployeeRetirementPlansAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Employee Retirement Plans [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_EmployeeRetirementPlansAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_EmployeeRetirementPlansAbstract"/>
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    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_019d215e-29ea-7c30-b451-3e681891ce6f_terseLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNetOfTaxAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:to="lab_us-gaap_ComprehensiveIncomeNetOfTaxAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_019d215e-29ea-72eb-b5e5-47affcfb12d5_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Defined Benefit Plans Disclosures [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable_label_en-US" xlink:label="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:to="lab_us-gaap_ScheduleOfDefinedBenefitPlansDisclosuresTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesParValue_019d215e-2961-771e-a7c5-62fc9420e8f4_totalLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances Par Value</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesParValue_019d215e-2961-7873-89fd-a157fbe7a495_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances Par Value</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesParValue_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Par Value</link:label>
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    <link:label id="lab_us-gaap_ClassOfStockDomain_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
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    <link:label id="lab_dei_EntityAddressAddressLine1_019d215e-2961-7f68-89e9-19deb1df8b61_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityAddressAddressLine1" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityAddressAddressLine1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1" xlink:to="lab_dei_EntityAddressAddressLine1" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_019d215e-29eb-7b3a-8e47-347bb8a294db_verboseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss)</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_019d215e-29eb-7837-93e7-54398ce4d007_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCI Attributable to Parent [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:to="lab_us-gaap_AccumulatedOtherComprehensiveIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OtherEconomicMember_019d215e-29ea-7150-94b6-86faa7e27919_terseLabel_en-US" xlink:label="lab_fhlbd_OtherEconomicMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Economic [Member]</link:label>
    <link:label id="lab_fhlbd_OtherEconomicMember_label_en-US" xlink:label="lab_fhlbd_OtherEconomicMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Economic [Member]</link:label>
    <link:label id="lab_fhlbd_OtherEconomicMember_documentation_en-US" xlink:label="lab_fhlbd_OtherEconomicMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other Economic [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OtherEconomicMember" xlink:href="fhlbd-20260331.xsd#fhlbd_OtherEconomicMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OtherEconomicMember" xlink:to="lab_fhlbd_OtherEconomicMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_019d215e-2961-7d2f-8a18-18a2173f9925_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments and Hedging Activities Disclosure [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:to="lab_us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_019d215e-2961-77ab-98de-e2e511449137_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of prior service cost</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Amortization of Prior Service Cost (Credit)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanAmortizationOfPriorServiceCostCredit"/>
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    <link:label id="lab_fhlbd_RegulatoryCapitalRatioRequired_019d215e-29ea-7262-8bfa-3fe449efa595_terseLabel_en-US" xlink:label="lab_fhlbd_RegulatoryCapitalRatioRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Regulatory Capital Ratio, Required</link:label>
    <link:label id="lab_fhlbd_RegulatoryCapitalRatioRequired_label_en-US" xlink:label="lab_fhlbd_RegulatoryCapitalRatioRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Regulatory Capital Ratio, Required</link:label>
    <link:label id="lab_fhlbd_RegulatoryCapitalRatioRequired_documentation_en-US" xlink:label="lab_fhlbd_RegulatoryCapitalRatioRequired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Regulatory Capital Ratio, Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_RegulatoryCapitalRatioRequired" xlink:href="fhlbd-20260331.xsd#fhlbd_RegulatoryCapitalRatioRequired"/>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInFederalFundsSold_019d215e-29eb-78bd-bda5-be06d915868b_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net increase in federal funds sold</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInFederalFundsSold_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInFederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Federal Funds Sold</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInFederalFundsSold" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInFederalFundsSold"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInFederalFundsSold" xlink:to="lab_us-gaap_IncreaseDecreaseInFederalFundsSold" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtSecuritiesTradingRestricted_019d215e-29eb-7236-87e4-c355c04c14be_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesTradingRestricted" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, Restricted</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesTradingRestricted_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesTradingRestricted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, Restricted</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesTradingRestricted" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesTradingRestricted"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtSecuritiesTradingRestricted" xlink:to="lab_us-gaap_DebtSecuritiesTradingRestricted" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_019d215e-2961-715b-acd8-2e7228bf81f4_terseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:label id="lab_us-gaap_OtherLiabilitiesMember_label_en-US" xlink:label="lab_us-gaap_OtherLiabilitiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilitiesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilitiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilitiesMember" xlink:to="lab_us-gaap_OtherLiabilitiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome_019d215e-2961-7a90-8593-bf5733cf0672_terseLabel_en-US" xlink:label="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Postretirement Benefits Cost, Included in Other Income</link:label>
    <link:label id="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome_label_en-US" xlink:label="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Postretirement Benefits Cost Included in Other Income</link:label>
    <link:label id="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome_documentation_en-US" xlink:label="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Postretirement Benefits Cost Included in Other Income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:href="fhlbd-20260331.xsd#fhlbd_PostretirementBenefitsCostIncludedinOtherIncome"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:to="lab_fhlbd_PostretirementBenefitsCostIncludedinOtherIncome" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardGrantDateFairValue_terseLabel_en-US" xlink:label="lab_ecd_AwardGrantDateFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value as of Grant Date</link:label>
    <link:label id="lab_ecd_AwardGrantDateFairValue_label_en-US" xlink:label="lab_ecd_AwardGrantDateFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Grant Date Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardGrantDateFairValue" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardGrantDateFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardGrantDateFairValue" xlink:to="lab_ecd_AwardGrantDateFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_019d215e-29eb-7977-b6bb-03a58d5f4950_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale Securities, Gross Realized Gain (Loss) [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Realized Gain (Loss) [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesGrossRealizedGainLossAbstract"/>
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    <link:label id="lab_fhlbd_IntermediaryTransactionsMember_019d215e-2961-7caa-a3a0-1aa754cd0c57_terseLabel_en-US" xlink:label="lab_fhlbd_IntermediaryTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Intermediary Transactions [Member]</link:label>
    <link:label id="lab_fhlbd_IntermediaryTransactionsMember_label_en-US" xlink:label="lab_fhlbd_IntermediaryTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Intermediary Transactions [Member]</link:label>
    <link:label id="lab_fhlbd_IntermediaryTransactionsMember_documentation_en-US" xlink:label="lab_fhlbd_IntermediaryTransactionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Intermediary Transactions [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_IntermediaryTransactionsMember" xlink:href="fhlbd-20260331.xsd#fhlbd_IntermediaryTransactionsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_IntermediaryTransactionsMember" xlink:to="lab_fhlbd_IntermediaryTransactionsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost_019d215e-2960-7507-9d55-aa3a873546c9_terseLabel_en-US" xlink:label="lab_us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost</link:label>
    <link:label id="lab_us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost_label_en-US" xlink:label="lab_us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, Rolling within One Year</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldtomaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCost"/>
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    <link:label id="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet_019d215e-2961-748a-b41a-291e15e6ce7a_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Held-to-maturity Securities, Premium (Discounts), Net</link:label>
    <link:label id="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet_label_en-US" xlink:label="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Held-to-maturity Securities, Premium (Discounts), Net</link:label>
    <link:label id="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet_documentation_en-US" xlink:label="lab_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Held-to-maturity Securities, Premium (Discounts), Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet" xlink:href="fhlbd-20260331.xsd#fhlbd_HeldToMaturitySecuritiesPremiumDiscountsNet"/>
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    <link:label id="lab_us-gaap_LaborAndRelatedExpense_label_en-US" xlink:label="lab_us-gaap_LaborAndRelatedExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Labor and Related Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LaborAndRelatedExpense" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LaborAndRelatedExpense"/>
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    <link:label id="lab_us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage-Backed Securities, Issued by Private Enterprises [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgageBackedSecuritiesIssuedByPrivateEnterprisesMember"/>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities"/>
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    <link:label id="lab_fhlbd_SmallBusinessBoostMember_label_en-US" xlink:label="lab_fhlbd_SmallBusinessBoostMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Small Business Boost [Member]</link:label>
    <link:label id="lab_fhlbd_SmallBusinessBoostMember_documentation_en-US" xlink:label="lab_fhlbd_SmallBusinessBoostMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Small Business Boost</link:label>
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    <link:label id="lab_dei_DocumentQuarterlyReport_019d215e-2961-7d15-96c1-c2c217a7b35f_terseLabel_en-US" xlink:label="lab_dei_DocumentQuarterlyReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Quarterly Report</link:label>
    <link:label id="lab_dei_DocumentQuarterlyReport_label_en-US" xlink:label="lab_dei_DocumentQuarterlyReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Quarterly Report</link:label>
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    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_019d215e-2961-7cff-907e-737917be8818_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPositionLessThan12Months"/>
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    <link:label id="lab_ecd_ChangedPeerGroupFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_ChangedPeerGroupFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Changed Peer Group, Footnote</link:label>
    <link:label id="lab_ecd_ChangedPeerGroupFnTextBlock_label_en-US" xlink:label="lab_ecd_ChangedPeerGroupFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Changed Peer Group, Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ChangedPeerGroupFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ChangedPeerGroupFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ChangedPeerGroupFnTextBlock" xlink:to="lab_ecd_ChangedPeerGroupFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancialInstrumentPerformanceStatusAxis_019d215e-29eb-7c38-889e-2183ca378e6c_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument Performance Status [Axis]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentPerformanceStatusAxis_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument Performance Status [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentPerformanceStatusAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:to="lab_us-gaap_FinancialInstrumentPerformanceStatusAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_019d215e-29eb-7fe1-8a52-124db805a5ad_terseLabel_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:label id="lab_srt_RepurchaseAgreementCounterpartyNameDomain_label_en-US" xlink:label="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Counterparty Name [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RepurchaseAgreementCounterpartyNameDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:to="lab_srt_RepurchaseAgreementCounterpartyNameDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ExternalcreditratingUnratedMember_019d215e-29ea-77de-a8f1-a044a8dfdc99_terseLabel_en-US" xlink:label="lab_fhlbd_ExternalcreditratingUnratedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External credit rating, Unrated [Member]</link:label>
    <link:label id="lab_fhlbd_ExternalcreditratingUnratedMember_label_en-US" xlink:label="lab_fhlbd_ExternalcreditratingUnratedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External credit rating, Unrated [Member]</link:label>
    <link:label id="lab_fhlbd_ExternalcreditratingUnratedMember_documentation_en-US" xlink:label="lab_fhlbd_ExternalcreditratingUnratedMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">External credit rating, Unrated [Member]</link:label>
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    <link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_019d215e-29ea-7622-b72f-9212b040d6b2_terseLabel_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
    <link:label id="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable_label_en-US" xlink:label="lab_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Values Derivatives, Balance Sheet Location, by Derivative Contract Type [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValuesDerivativesBalanceSheetLocationByDerivativeContractTypeByHedgingDesignationTable"/>
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    <link:label id="lab_us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember_019d215e-29ea-72bd-8c92-e2494333fbf0_terseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US Government-sponsored Enterprises Debt Securities [Member]</link:label>
    <link:label id="lab_us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember_label_en-US" xlink:label="lab_us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Government-sponsored Enterprises Debt Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_USGovernmentSponsoredEnterprisesDebtSecuritiesMember"/>
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    <link:label id="lab_ecd_AdjToPeoCompFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AdjToPeoCompFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment To PEO Compensation, Footnote</link:label>
    <link:label id="lab_ecd_AdjToPeoCompFnTextBlock_label_en-US" xlink:label="lab_ecd_AdjToPeoCompFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Adjustment To PEO Compensation, Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AdjToPeoCompFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AdjToPeoCompFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AdjToPeoCompFnTextBlock" xlink:to="lab_ecd_AdjToPeoCompFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember_019d215e-29eb-749e-bfbc-031a2b0051c4_terseLabel_en-US" xlink:label="lab_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument, Trading [Member]</link:label>
    <link:label id="lab_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember_label_en-US" xlink:label="lab_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument, Trading [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotDesignatedAsHedgingInstrumentTradingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember" xlink:to="lab_us-gaap_NotDesignatedAsHedgingInstrumentTradingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain_019d215e-2961-7c23-998e-d365b03c682a_terseLabel_en-US" xlink:label="lab_us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Insured or Guaranteed by Government Authorities [Domain]</link:label>
    <link:label id="lab_us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain_label_en-US" xlink:label="lab_us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Insured or Guaranteed by Government Authorities [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesDomain"/>
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    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedDiscounts_019d215e-2961-78d6-8ecc-7182bec8257d_terseLabel_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Unamortized Discounts</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedDiscounts_label_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Unamortized Discounts</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedDiscounts_documentation_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflects the cumulative amount of discounts from the face amount of loans that are being amortized into income as an adjustment of yield</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:href="fhlbd-20260331.xsd#fhlbd_FinancingReceivableUnamortizedDiscounts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:to="lab_fhlbd_FinancingReceivableUnamortizedDiscounts" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TrdArrIndTitle_terseLabel_en-US" xlink:label="lab_ecd_TrdArrIndTitle" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title</link:label>
    <link:label id="lab_ecd_TrdArrIndTitle_label_en-US" xlink:label="lab_ecd_TrdArrIndTitle" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement, Individual Title</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TrdArrIndTitle" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndTitle"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TrdArrIndTitle" xlink:to="lab_ecd_TrdArrIndTitle" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PeerGroupTotalShareholderRtnAmt_terseLabel_en-US" xlink:label="lab_ecd_PeerGroupTotalShareholderRtnAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Peer Group Total Shareholder Return Amount</link:label>
    <link:label id="lab_ecd_PeerGroupTotalShareholderRtnAmt_label_en-US" xlink:label="lab_ecd_PeerGroupTotalShareholderRtnAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Peer Group Total Shareholder Return Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PeerGroupTotalShareholderRtnAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupTotalShareholderRtnAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PeerGroupTotalShareholderRtnAmt" xlink:to="lab_ecd_PeerGroupTotalShareholderRtnAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment_019d215e-2961-7a47-baa4-948f5a0fd1f3_terseLabel_en-US" xlink:label="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Prepaid Advances with Symmetrical prepayment Feature</link:label>
    <link:label id="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment_label_en-US" xlink:label="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepaid Advances with Symmetrical Prepayment</link:label>
    <link:label id="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment_documentation_en-US" xlink:label="lab_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prepaid Advances with Symmetrical Prepayment Feature</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PrepaidAdvanceswithSymmetricalPrepayment" xlink:href="fhlbd-20260331.xsd#fhlbd_PrepaidAdvanceswithSymmetricalPrepayment"/>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax_019d215e-29eb-711b-a411-0dcb12be00b7_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization of net actuarial gain included in net periodic benefit cost/credit</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems"/>
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    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Gain, before Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax"/>
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    <link:label id="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain_terseLabel_en-US" xlink:label="lab_us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardAwardTypeAndPlanNameDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Award Types</link:label>
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    <link:label id="lab_fhlbd_AccruedInterestReceivableTextBlock_label_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable [Text Block]</link:label>
    <link:label id="lab_fhlbd_AccruedInterestReceivableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable</link:label>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax_019d215e-29eb-7281-b676-a899cd4f1b44_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrealized gains (losses) on cash flow hedges</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax"/>
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    <link:label id="lab_ecd_EqtyAwrdsAdjsMember_terseLabel_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments</link:label>
    <link:label id="lab_ecd_EqtyAwrdsAdjsMember_label_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_EqtyAwrdsAdjsMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_EqtyAwrdsAdjsMember"/>
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    <link:label id="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock_019d215e-2961-7c34-a3d2-d7da676e5630_terseLabel_en-US" xlink:label="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Securities Disclosure[Text Block]</link:label>
    <link:label id="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock_label_en-US" xlink:label="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Securities (and Certain Trading Assets) Disclosure [Text Block]</link:label>
    <link:label id="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock_documentation_en-US" xlink:label="lab_fhlbd_TradingSecuritiesAndCertainTradingAssetsDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">This item represents the entire disclosure related to trading securities (and certain trading assets) which consist of all investments in certain debt and equity securities (and other assets) that are bought and held principally for the purpose of selling them in the near term(thus held for only a short period of time) or for which an entity has elected the fair value option. Trading generally reflects active and frequent buying and selling, and trading securities are generally used with the objective of generating profits on short-term differences in price, but this category of investments may also include items which are not intended to be sold in the near term or for which the fair value option has been elected.</link:label>
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    <link:label id="lab_us-gaap_PerformingFinancingReceivableMember_019d215e-29eb-7d1d-86d0-fc895714ce4d_terseLabel_en-US" xlink:label="lab_us-gaap_PerformingFinancingReceivableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Performing Financial Instruments [Member]</link:label>
    <link:label id="lab_us-gaap_PerformingFinancingReceivableMember_label_en-US" xlink:label="lab_us-gaap_PerformingFinancingReceivableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Performing Financial Instruments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PerformingFinancingReceivableMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PerformingFinancingReceivableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PerformingFinancingReceivableMember" xlink:to="lab_us-gaap_PerformingFinancingReceivableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_MnpiDiscTimedForCompValFlag_terseLabel_en-US" xlink:label="lab_ecd_MnpiDiscTimedForCompValFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">MNPI Disclosure Timed for Compensation Value</link:label>
    <link:label id="lab_ecd_MnpiDiscTimedForCompValFlag_label_en-US" xlink:label="lab_ecd_MnpiDiscTimedForCompValFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">MNPI Disclosure Timed for Compensation Value [Flag]</link:label>
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    <link:label id="lab_us-gaap_LoanOriginationCommitmentsMember_019d215e-29eb-75a3-a021-b8531b041e83_terseLabel_en-US" xlink:label="lab_us-gaap_LoanOriginationCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loan Origination Commitments [Member]</link:label>
    <link:label id="lab_us-gaap_LoanOriginationCommitmentsMember_label_en-US" xlink:label="lab_us-gaap_LoanOriginationCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loan Origination Commitments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LoanOriginationCommitmentsMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LoanOriginationCommitmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoanOriginationCommitmentsMember" xlink:to="lab_us-gaap_LoanOriginationCommitmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear_019d215e-28a1-7f8a-bfb6-e1259af93599_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Floating Rate, after One Year</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advance, Floating Rate, after Year One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateAfterOneYear" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DepreciationAmortizationAndAccretionNetAbstract_019d215e-2961-72d0-95d7-ecf1bd005c2e_terseLabel_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNetAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Depreciation and amortization</link:label>
    <link:label id="lab_us-gaap_DepreciationAmortizationAndAccretionNetAbstract_label_en-US" xlink:label="lab_us-gaap_DepreciationAmortizationAndAccretionNetAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Depreciation, Amortization and Accretion, Net [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepreciationAmortizationAndAccretionNetAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepreciationAmortizationAndAccretionNetAbstract"/>
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    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_019d215e-29eb-7069-a33c-fcbf54578603_terseLabel_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:label id="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain_label_en-US" xlink:label="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instruments [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:to="lab_us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract"/>
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    <link:label id="lab_ecd_AggtPnsnAdjsSvcCstMember_terseLabel_en-US" xlink:label="lab_ecd_AggtPnsnAdjsSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Pension Adjustments Service Cost</link:label>
    <link:label id="lab_ecd_AggtPnsnAdjsSvcCstMember_label_en-US" xlink:label="lab_ecd_AggtPnsnAdjsSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate Pension Adjustments Service Cost [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AggtPnsnAdjsSvcCstMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtPnsnAdjsSvcCstMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AggtPnsnAdjsSvcCstMember" xlink:to="lab_ecd_AggtPnsnAdjsSvcCstMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell_019d215e-29eb-7090-b379-abc408d5b7db_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net decrease in securities purchased under agreements to resell</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments for) Securities Purchased under Agreements to Resell</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromPaymentsForSecuritiesPurchasedUnderAgreementsToResell"/>
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    <link:label id="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate_019d215e-2961-72ab-bd1f-f6a52d654d38_verboseLabel_en-US" xlink:label="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Percent of Fixed Rate Long Term Debt Swapped to An Adjustable Rate</link:label>
    <link:label id="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate_label_en-US" xlink:label="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Percent of Fixed Rate Consolidated Obligation Bonds Swapped to An Adjustable Rate</link:label>
    <link:label id="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate_documentation_en-US" xlink:label="lab_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Percent of Fixed Rate Consolidated Obligation Bonds Swapped to An Adjustable Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate" xlink:href="fhlbd-20260331.xsd#fhlbd_PercentOfFixedRateConsolidatedObligationBondsSwappedToAdjustableRate"/>
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    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems_019d215e-2961-71b7-a07d-863719443153_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Earlier of Contractual Maturity or Next Put Date [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems_label_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Earlier of Contractual Maturity or Next Put Date [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Advances by Earlier of Contractual Maturity or Next Put Date [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesbyEarlierofContractualMaturityorNextPutDateLineItems"/>
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    <link:label id="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment_019d215e-29ea-72a8-8276-6897f7cf6319_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal collected on mortgage loans held for portfolio</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment"/>
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    <link:label id="lab_srt_MinimumMember_019d215e-2961-7d1d-be22-e359390c54c1_terseLabel_en-US" xlink:label="lab_srt_MinimumMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:label id="lab_srt_MinimumMember_label_en-US" xlink:label="lab_srt_MinimumMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MinimumMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MinimumMember"/>
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    <link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_019d215e-29eb-78f6-9480-a747169594c4_totalLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES</link:label>
    <link:label id="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss_label_en-US" xlink:label="lab_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income (Expense), after Provision for Loan Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss"/>
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    <link:label id="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems_019d215e-29ea-75ba-8327-a685f88c8918_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesAndLoansReceivableLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounts, Notes, Loans and Financing Receivable [Line Items]</link:label>
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    <link:label id="lab_dei_EntitySmallBusiness_019d215e-2961-797e-b7b2-f3ebf031dc4e_terseLabel_en-US" xlink:label="lab_dei_EntitySmallBusiness" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Small Business</link:label>
    <link:label id="lab_dei_EntitySmallBusiness_label_en-US" xlink:label="lab_dei_EntitySmallBusiness" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Small Business</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntitySmallBusiness" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntitySmallBusiness"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitySmallBusiness" xlink:to="lab_dei_EntitySmallBusiness" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_019d215e-29eb-79be-bfbd-3829ee135bfa_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_019d215e-29ea-79e0-849b-084baf752733_terseLabel_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other operating expenses</link:label>
    <link:label id="lab_us-gaap_OtherCostAndExpenseOperating_label_en-US" xlink:label="lab_us-gaap_OtherCostAndExpenseOperating" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Cost and Expense, Operating</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherCostAndExpenseOperating" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherCostAndExpenseOperating"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherCostAndExpenseOperating" xlink:to="lab_us-gaap_OtherCostAndExpenseOperating" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract_019d215e-2961-7fba-ad7c-aafdd381703c_terseLabel_en-US" xlink:label="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives Instruments and Hedging Activities Disclosure [Abstract]</link:label>
    <link:label id="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract_label_en-US" xlink:label="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Instruments and Hedging Activities Disclosure [Abstract]</link:label>
    <link:label id="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract_documentation_en-US" xlink:label="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivatives Instruments and Hedging Activities Disclosure [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:to="lab_fhlbd_DerivativesInstrumentsAndHedgingActivitiesDisclosureAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentTransitionReport_019d215e-2961-7ef2-b518-06f921bdbbea_terseLabel_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:label id="lab_dei_DocumentTransitionReport_label_en-US" xlink:label="lab_dei_DocumentTransitionReport" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Transition Report</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentTransitionReport" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentTransitionReport"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentTransitionReport" xlink:to="lab_dei_DocumentTransitionReport" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ConsolidatedObligationBondsMember_019d215e-29ea-7324-8cba-7251b5ffc0b7_terseLabel_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationBondsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Obligation Bonds [Member]</link:label>
    <link:label id="lab_fhlbd_ConsolidatedObligationBondsMember_label_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationBondsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Obligation Bonds [Member]</link:label>
    <link:label id="lab_fhlbd_ConsolidatedObligationBondsMember_documentation_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationBondsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of joint and several obligations consisting of discount notes issued by Federal Home Loan Bank.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ConsolidatedObligationBondsMember" xlink:href="fhlbd-20260331.xsd#fhlbd_ConsolidatedObligationBondsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ConsolidatedObligationBondsMember" xlink:to="lab_fhlbd_ConsolidatedObligationBondsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardUndrlygSecuritiesAmt_terseLabel_en-US" xlink:label="lab_ecd_AwardUndrlygSecuritiesAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Underlying Securities</link:label>
    <link:label id="lab_ecd_AwardUndrlygSecuritiesAmt_label_en-US" xlink:label="lab_ecd_AwardUndrlygSecuritiesAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Underlying Securities Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardUndrlygSecuritiesAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardUndrlygSecuritiesAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardUndrlygSecuritiesAmt" xlink:to="lab_ecd_AwardUndrlygSecuritiesAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_RepaymentsOfOtherLongTermDebt_019d215e-2961-727c-b9f0-147370ba2c07_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherLongTermDebt" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Bonds</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfOtherLongTermDebt_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherLongTermDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Other Long-Term Debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfOtherLongTermDebt" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfOtherLongTermDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RepaymentsOfOtherLongTermDebt" xlink:to="lab_us-gaap_RepaymentsOfOtherLongTermDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain_019d215e-2960-7804-80a2-4e4a3630dbb0_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Gross Realized Gains</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Realized Gain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleRealizedGain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain" xlink:to="lab_us-gaap_DebtSecuritiesAvailableForSaleRealizedGain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_EquityComponentDomain_019d215e-2961-791c-8b3d-bdea9db11505_terseLabel_en-US" xlink:label="lab_us-gaap_EquityComponentDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:label id="lab_us-gaap_EquityComponentDomain_label_en-US" xlink:label="lab_us-gaap_EquityComponentDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Component [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_EquityComponentDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_EquityComponentDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_EquityComponentDomain" xlink:to="lab_us-gaap_EquityComponentDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentPeriodEndDate_019d215e-2961-7c68-a2dc-144cbdfddd38_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentPeriodEndDate" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentPeriodEndDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate" xlink:to="lab_dei_DocumentPeriodEndDate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_019d215e-2961-76df-8ebb-d119350bfed4_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Premium</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedPremium_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedPremium" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Premium</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedPremium" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentUnamortizedPremium"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedPremium" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedPremium" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DividendStockAnnualizedPercentage_019d215e-2961-7502-88f0-8b61763d2c5f_terseLabel_en-US" xlink:label="lab_fhlbd_DividendStockAnnualizedPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Dividends stock annualized percentage</link:label>
    <link:label id="lab_fhlbd_DividendStockAnnualizedPercentage_label_en-US" xlink:label="lab_fhlbd_DividendStockAnnualizedPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividend Stock Annualized Percentage</link:label>
    <link:label id="lab_fhlbd_DividendStockAnnualizedPercentage_documentation_en-US" xlink:label="lab_fhlbd_DividendStockAnnualizedPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends on capital stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DividendStockAnnualizedPercentage" xlink:href="fhlbd-20260331.xsd#fhlbd_DividendStockAnnualizedPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DividendStockAnnualizedPercentage" xlink:to="lab_fhlbd_DividendStockAnnualizedPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount_019d215e-2961-7508-bb0c-d4a7d5c15f6a_terseLabel_en-US" xlink:label="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Membership Investment Requirement, Maximum Dollar Amount</link:label>
    <link:label id="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount_label_en-US" xlink:label="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Membership Investment Requirement, Maximum Dollar Amount</link:label>
    <link:label id="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount_documentation_en-US" xlink:label="lab_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Membership Investment Requirement, Maximum Dollar Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MembershipInvestmentRequirementMaximumDollarAmount" xlink:href="fhlbd-20260331.xsd#fhlbd_MembershipInvestmentRequirementMaximumDollarAmount"/>
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    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020_019d215e-2961-70f5-8670-8fb9a70dd811_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based % Special Advances Program 2020</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020_label_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program 2020</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program 2020</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020"/>
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    <link:label id="lab_ecd_AwardsCloseToMnpiDiscTableTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Awards Close in Time to MNPI Disclosures, Table</link:label>
    <link:label id="lab_ecd_AwardsCloseToMnpiDiscTableTextBlock_label_en-US" xlink:label="lab_ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Awards Close in Time to MNPI Disclosures [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:to="lab_ecd_AwardsCloseToMnpiDiscTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_019d215e-29eb-7ab0-b6f1-961463308e9b_totalLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Derivative Asset, Fair Value, Amount Not Offset Against Collateral</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_019d215e-2961-7ab2-ac12-5809576fd919_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustment to initially apply new accounting guidance</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity, Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:to="lab_us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_019d215e-29ea-7663-b233-554dc40098e7_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Troubled debt restructurings</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Modified, Accumulated</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableModificationsRecordedInvestment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:to="lab_us-gaap_FinancingReceivableModificationsRecordedInvestment" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_DocumentType_019d215e-2961-7371-bf0a-69f09386a91a_terseLabel_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_label_en-US" xlink:label="lab_dei_DocumentType" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_DocumentType" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_DocumentType"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType" xlink:to="lab_dei_DocumentType" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_019d215e-2961-7ae0-904b-5488599d3add_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel3Member_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel3Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 3 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueInputsLevel3Member" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueInputsLevel3Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueInputsLevel3Member" xlink:to="lab_us-gaap_FairValueInputsLevel3Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_OutstandingRecoveryIndName_terseLabel_en-US" xlink:label="lab_ecd_OutstandingRecoveryIndName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name</link:label>
    <link:label id="lab_ecd_OutstandingRecoveryIndName_label_en-US" xlink:label="lab_ecd_OutstandingRecoveryIndName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Outstanding Recovery, Individual Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_OutstandingRecoveryIndName" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OutstandingRecoveryIndName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_OutstandingRecoveryIndName" xlink:to="lab_ecd_OutstandingRecoveryIndName" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LossContingenciesTable_019d215e-28a1-782d-8b8b-2fb9bda96064_terseLabel_en-US" xlink:label="lab_us-gaap_LossContingenciesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:label id="lab_us-gaap_LossContingenciesTable_label_en-US" xlink:label="lab_us-gaap_LossContingenciesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loss Contingencies [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LossContingenciesTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LossContingenciesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LossContingenciesTable" xlink:to="lab_us-gaap_LossContingenciesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate_019d215e-2961-7412-a808-e1c0f3d2b8a9_terseLabel_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Maturities, Amortizing Advances</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate_label_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Maturities, Amortizing Advances at Balance Sheet Date</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Maturities, Amortizing Advances at Balance Sheet Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:to="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesAmortizingAdvancesAtBalanceSheetDate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AffordableHousingProgramAssessments_019d215e-29eb-7cce-8be3-0e0461a14067_verboseLabel_en-US" xlink:label="lab_us-gaap_AffordableHousingProgramAssessments" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Affordable Housing Program assessment</link:label>
    <link:label id="lab_us-gaap_AffordableHousingProgramAssessments_019d215e-29eb-7fca-aacd-dc63ae2ecb6c_terseLabel_en-US" xlink:label="lab_us-gaap_AffordableHousingProgramAssessments" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AHP assessment</link:label>
    <link:label id="lab_us-gaap_AffordableHousingProgramAssessments_label_en-US" xlink:label="lab_us-gaap_AffordableHousingProgramAssessments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Affordable Housing Program Assessments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AffordableHousingProgramAssessments" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AffordableHousingProgramAssessments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AffordableHousingProgramAssessments" xlink:to="lab_us-gaap_AffordableHousingProgramAssessments" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition_019d215e-2961-77a4-b1d9-268f0509f3fe_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Collateral Not Offset in the Statement of Condition</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Collateral Not Offset in the Statement of Condition</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition_documentation_en-US" xlink:label="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of collateral not offset in the Statement of Condition on assets that are subject to enforceable master netting arrangements.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:href="fhlbd-20260331.xsd#fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:to="lab_fhlbd_OffsettingAssetsCollateralNotOffsetInStatementOfCondition" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract_019d215e-29eb-7801-9122-a76c485dd776_terseLabel_en-US" xlink:label="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Recently Adopted Accounting Guidance [Abstract]</link:label>
    <link:label id="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract_label_en-US" xlink:label="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Guidance [Abstract]</link:label>
    <link:label id="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract_documentation_en-US" xlink:label="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Recently Issued Accounting Guidance</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_RecentlyIssuedAccountingGuidanceAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:to="lab_fhlbd_RecentlyIssuedAccountingGuidanceAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RangeAxis_019d215e-29ea-74f3-8620-6daf58dc07a5_terseLabel_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:label id="lab_srt_RangeAxis_label_en-US" xlink:label="lab_srt_RangeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RangeAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RangeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RangeAxis" xlink:to="lab_srt_RangeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities_019d215e-2961-78a5-ad60-cfc8487e575e_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net receipts (payments) on derivative contracts with financing elements</link:label>
    <link:label id="lab_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities_label_en-US" xlink:label="lab_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for (Proceeds from) Hedge, Financing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsForProceedsFromHedgeFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities" xlink:to="lab_us-gaap_PaymentsForProceedsFromHedgeFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember_019d215e-29eb-798c-99da-b6b3d6684d8c_terseLabel_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Receivable With Fixed Rates Of Interest Long Term [Member]</link:label>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember_label_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable With Fixed Rates Of Interest Long Term [Member]</link:label>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember_documentation_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A mortgage loan issued by a bank with a fixed rate of interest and a repayment period of more than 15 years [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:href="fhlbd-20260331.xsd#fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:to="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestLongTermMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AdvancesLineItems_019d215e-29eb-7968-a4d6-068778b5472c_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesLineItems_label_en-US" xlink:label="lab_fhlbd_AdvancesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesLineItems_documentation_en-US" xlink:label="lab_fhlbd_AdvancesLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AdvancesLineItems" xlink:to="lab_fhlbd_AdvancesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember_019e0447-8a8f-77cb-902a-123c134b6670_terseLabel_en-US" xlink:label="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:label id="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember_label_en-US" xlink:label="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">us-gaap_OtherLiabilitiesMember_FHLBD [Member]</link:label>
    <link:label id="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember_documentation_en-US" xlink:label="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">us-gaap_OtherLiabilitiesMember_FHLBD</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:href="fhlbd-20260331.xsd#fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:to="lab_fhlbd_UsGaap_OtherLiabilitiesMember_FHLBDMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AggtErrCompAmt_terseLabel_en-US" xlink:label="lab_ecd_AggtErrCompAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Erroneous Compensation Amount</link:label>
    <link:label id="lab_ecd_AggtErrCompAmt_label_en-US" xlink:label="lab_ecd_AggtErrCompAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate Erroneous Compensation Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AggtErrCompAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtErrCompAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AggtErrCompAmt" xlink:to="lab_ecd_AggtErrCompAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan_019dda69-542f-722f-a0d4-e7014f235b36_terseLabel_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms, Medium-Term Loan</link:label>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan_label_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms, Medium-Term Loan</link:label>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan_documentation_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms, Medium-Term Loan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:href="fhlbd-20260331.xsd#fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:to="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTermsMediumTermLoan" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PeerGroupIssuersFnTextBlock_terseLabel_en-US" xlink:label="lab_ecd_PeerGroupIssuersFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Peer Group Issuers, Footnote</link:label>
    <link:label id="lab_ecd_PeerGroupIssuersFnTextBlock_label_en-US" xlink:label="lab_ecd_PeerGroupIssuersFnTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Peer Group Issuers, Footnote [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PeerGroupIssuersFnTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PeerGroupIssuersFnTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PeerGroupIssuersFnTextBlock" xlink:to="lab_ecd_PeerGroupIssuersFnTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings_019d215e-2961-74bf-abda-35ad2c8ff129_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from FHLBank Borrowings, Financing Activities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings_label_en-US" xlink:label="lab_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from FHLBank Borrowings, Financing Activities</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings" xlink:to="lab_us-gaap_ProceedsFromFederalHomeLoanBankBorrowings" xlink:type="arc" order="1"/>
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    <link:label id="lab_us-gaap_FinancialStandbyLetterOfCreditMember_label_en-US" xlink:label="lab_us-gaap_FinancialStandbyLetterOfCreditMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Standby Letter of Credit [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancialStandbyLetterOfCreditMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialStandbyLetterOfCreditMember"/>
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    <link:label id="lab_fhlbd_NetInterestSettlementsMember_019d215e-2961-7392-af6d-d30b4998132f_terseLabel_en-US" xlink:label="lab_fhlbd_NetInterestSettlementsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">NetInterestSettlements [Member]</link:label>
    <link:label id="lab_fhlbd_NetInterestSettlementsMember_label_en-US" xlink:label="lab_fhlbd_NetInterestSettlementsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">NetInterestSettlements [Member]</link:label>
    <link:label id="lab_fhlbd_NetInterestSettlementsMember_documentation_en-US" xlink:label="lab_fhlbd_NetInterestSettlementsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">net interest settlements [Member]</link:label>
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    <link:label id="lab_dei_EntityInformationLineItems_label_en-US" xlink:label="lab_dei_EntityInformationLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Information [Line Items]</link:label>
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    <link:label id="lab_fhlbd_InterestRatePaymentTermByInterestRateTypeAxis_label_en-US" xlink:label="lab_fhlbd_InterestRatePaymentTermByInterestRateTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Payment Term By Interest Rate Type [Axis]</link:label>
    <link:label id="lab_fhlbd_InterestRatePaymentTermByInterestRateTypeAxis_documentation_en-US" xlink:label="lab_fhlbd_InterestRatePaymentTermByInterestRateTypeAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Payment Term By Interest Rate Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InterestRatePaymentTermByInterestRateTypeAxis" xlink:href="fhlbd-20260331.xsd#fhlbd_InterestRatePaymentTermByInterestRateTypeAxis"/>
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    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_019d215e-2961-7cde-9fea-6f45ed60ab51_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
    <link:label id="lab_us-gaap_FairValueInputsLevel1Member_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 1 [Member]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfFederalHomeLoanBankBorrowings"/>
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    <link:label id="lab_srt_MultifamilyMember_label_en-US" xlink:label="lab_srt_MultifamilyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Multifamily [Member]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanActuarialGainLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanActuarialGainLoss"/>
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    <link:label id="lab_us-gaap_OverTheCounterMember_019d215e-29ea-7cbd-a2d2-e51854406558_terseLabel_en-US" xlink:label="lab_us-gaap_OverTheCounterMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Over the Counter [Member]</link:label>
    <link:label id="lab_us-gaap_OverTheCounterMember_label_en-US" xlink:label="lab_us-gaap_OverTheCounterMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Over-the-Counter [Member]</link:label>
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    <link:label id="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue_019d215e-29eb-7904-9f39-e8ed4f07cd2b_terseLabel_en-US" xlink:label="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Excess Non-Cash Collateral Received</link:label>
    <link:label id="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue_label_en-US" xlink:label="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Securities for which Entity has no Right to Sell or Repledge, Fair Value</link:label>
    <link:label id="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue_documentation_en-US" xlink:label="lab_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Customer Securities for which Entity has no Right to Sell or Repledge, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue" xlink:href="fhlbd-20260331.xsd#fhlbd_CustomerSecuritiesForWhichEntityHasNoRightToSellOrRepledgeFairValue"/>
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    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_019d215e-29eb-7335-9606-d8d6f7d99b1c_terseLabel_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
    <link:label id="lab_dei_EntityWellKnownSeasonedIssuer_label_en-US" xlink:label="lab_dei_EntityWellKnownSeasonedIssuer" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Well-known Seasoned Issuer</link:label>
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    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember_019e074c-8d65-736e-9c2c-603dc7293055_terseLabel_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company and affiliated institutions</link:label>
    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember_label_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company and affiliated institutions [Member]</link:label>
    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember_documentation_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyAndAffiliatedInstitutionsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company and affiliated institutions</link:label>
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    <link:label id="lab_fhlbd_ScheduleOfConsolidatedObligationBondsByCallFeatureTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfConsolidatedObligationBondsByCallFeatureTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Callable and Noncallable Consolidated Obligations Bonds Outstanding.</link:label>
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    <link:label id="lab_fhlbd_AmortizedCostofSoldAvailableforsaleSecurities_documentation_en-US" xlink:label="lab_fhlbd_AmortizedCostofSoldAvailableforsaleSecurities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amortized Cost of Sold Available-for-sale Securities</link:label>
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    <link:label id="lab_fhlbd_BanksAxis_label_en-US" xlink:label="lab_fhlbd_BanksAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banks [Axis]</link:label>
    <link:label id="lab_fhlbd_BanksAxis_documentation_en-US" xlink:label="lab_fhlbd_BanksAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Banks [Axis]</link:label>
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    <link:label id="lab_ecd_TrdArrExpirationDate_label_en-US" xlink:label="lab_ecd_TrdArrExpirationDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement Expiration Date</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFour" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFour"/>
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    <link:label id="lab_fhlbd_DerivativeLiabilityFairValueCashRemittedExceedingVariationMarginRequirement_documentation_en-US" xlink:label="lab_fhlbd_DerivativeLiabilityFairValueCashRemittedExceedingVariationMarginRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DerivativeLiabilityFairValueCashRemittedExceedingVariationMmarginRequirement</link:label>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities_019d215e-29eb-7361-9e45-3cae7f0c286b_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Decrease in other liabilities</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInOtherOperatingLiabilities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInOtherOperatingLiabilities"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalRequired_019d215e-2961-7c26-87be-fed1fc9cb5a3_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Risk-Based Capital, Required</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalRequired_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRiskBasedCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Risk-Based Capital, Required</link:label>
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    <link:label id="lab_us-gaap_DebtSecuritiesHeldToMaturitySale_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesHeldToMaturitySale" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Sale</link:label>
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    <link:label id="lab_us-gaap_TransactionDomain_label_en-US" xlink:label="lab_us-gaap_TransactionDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transaction [Domain]</link:label>
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    <link:label id="lab_us-gaap_TypeOfAdoptionMember_019d215e-29ea-7a7a-a1af-7e2ab8dc2720_terseLabel_en-US" xlink:label="lab_us-gaap_TypeOfAdoptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Type of Adoption [Domain]</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_019d215e-29eb-7988-9ea3-5091467a8752_negatedLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Purchases of trading securities</link:label>
    <link:label id="lab_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment_label_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payment for Acquisition, Trading Security, Held-for-Investment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireTradingSecuritiesHeldforinvestment"/>
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    <link:label id="lab_us-gaap_HeldToMaturitySecurities_019d215e-2961-7b80-86ca-4edb2ef6c366_verboseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Held-to-maturity securities (b) (Notes 5, 8 and 9)</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecurities_019d215e-2961-72fc-842b-64b01a5f52cc_totalLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Held-to-maturity securities</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecurities_019d215e-2961-7a73-ab83-84345e16aa87_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecurities_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Amortized Cost, before Allowance for Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecurities"/>
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    <link:label id="lab_us-gaap_DerivativeLiabilities_019d215e-29eb-781c-8afd-e27c3a3d1472_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative liabilities (Notes 12 and 13)</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilities_019d215e-29eb-714b-9e00-60cd5e36d0a6_netLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Derivative Liabilities</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilities_019d215e-29eb-75c4-a4b9-1034337b6d0b_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative liabilities</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilities_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeLiabilities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeLiabilities" xlink:to="lab_us-gaap_DerivativeLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherNoninterestExpense_019d215e-29eb-707a-b6dd-eafaff942f6e_terseLabel_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative clearing fees</link:label>
    <link:label id="lab_us-gaap_OtherNoninterestExpense_label_en-US" xlink:label="lab_us-gaap_OtherNoninterestExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Noninterest Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherNoninterestExpense" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherNoninterestExpense"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherNoninterestExpense" xlink:to="lab_us-gaap_OtherNoninterestExpense" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember_terseLabel_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments, Excluding Value Reported in Compensation Table</link:label>
    <link:label id="lab_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember_label_en-US" xlink:label="lab_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember" xlink:to="lab_ecd_EqtyAwrdsAdjsExclgValRprtdInSummryCompstnTblMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_019d215e-2961-7b6a-9b98-efbc7b17ad33_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amortization of prior service cost included in net periodic benefit cost/credit</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, before Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax"/>
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    <link:label id="lab_us-gaap_InterestRateContractMember_019d215e-29eb-71b5-9642-d69ff8c6b078_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Contract [Member]</link:label>
    <link:label id="lab_us-gaap_InterestRateContractMember_label_en-US" xlink:label="lab_us-gaap_InterestRateContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Contract [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestRateContractMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestRateContractMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestRateContractMember" xlink:to="lab_us-gaap_InterestRateContractMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_StepDownMember_019d215e-29ea-7831-8564-c3aee7748cb8_terseLabel_en-US" xlink:label="lab_fhlbd_StepDownMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Step Down [Member]</link:label>
    <link:label id="lab_fhlbd_StepDownMember_label_en-US" xlink:label="lab_fhlbd_StepDownMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Step Down [Member]</link:label>
    <link:label id="lab_fhlbd_StepDownMember_documentation_en-US" xlink:label="lab_fhlbd_StepDownMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Step Down [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_StepDownMember" xlink:href="fhlbd-20260331.xsd#fhlbd_StepDownMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_StepDownMember" xlink:to="lab_fhlbd_StepDownMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_019d215e-2961-72da-8416-b192bba6f10f_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleUnrealizedLossPositionAccumulatedLoss"/>
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    <link:label id="lab_us-gaap_CommonStockDividendsShares_019d215e-29eb-72b1-aa3a-f6f78c81ee33_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockDividendsShares" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock, shares</link:label>
    <link:label id="lab_us-gaap_CommonStockDividendsShares_label_en-US" xlink:label="lab_us-gaap_CommonStockDividendsShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock Dividends, Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockDividendsShares" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockDividendsShares"/>
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    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract_019d215e-29eb-7847-ba70-375db622e468_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net proceeds from issuance of consolidated obligations</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Long-Term Debt [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfLongTermDebtAbstract"/>
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    <link:label id="lab_us-gaap_RepaymentsOfOtherShortTermDebt_019d215e-2961-7b6f-ab8f-fe1fdd77cf04_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherShortTermDebt" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Discount notes</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfOtherShortTermDebt_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfOtherShortTermDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Other Short-Term Debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RepaymentsOfOtherShortTermDebt" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RepaymentsOfOtherShortTermDebt"/>
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    <link:label id="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember_019d215e-2961-7b2e-824a-c9525810f271_terseLabel_en-US" xlink:label="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SingleFamilyMortgageBackedSecurities [Member]</link:label>
    <link:label id="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember_label_en-US" xlink:label="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SingleFamilyMortgageBackedSecurities [Member]</link:label>
    <link:label id="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember_documentation_en-US" xlink:label="lab_fhlbd_SingleFamilyMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Securities collateralized by single family real estate mortgage loans.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SingleFamilyMortgageBackedSecuritiesMember" xlink:href="fhlbd-20260331.xsd#fhlbd_SingleFamilyMortgageBackedSecuritiesMember"/>
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    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_019d215e-29ea-7689-b5f7-fa594c92610c_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</link:label>
    <link:label id="lab_us-gaap_FairValueByBalanceSheetGroupingTable_label_en-US" xlink:label="lab_us-gaap_FairValueByBalanceSheetGroupingTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, by Balance Sheet Grouping [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueByBalanceSheetGroupingTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueByBalanceSheetGroupingTable"/>
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    <link:label id="lab_fhlbd_LeverageRatioRequired_label_en-US" xlink:label="lab_fhlbd_LeverageRatioRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Leverage Ratio, Required</link:label>
    <link:label id="lab_fhlbd_LeverageRatioRequired_documentation_en-US" xlink:label="lab_fhlbd_LeverageRatioRequired" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Leverage Ratio, Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LeverageRatioRequired" xlink:href="fhlbd-20260331.xsd#fhlbd_LeverageRatioRequired"/>
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    <link:label id="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems_019d215e-2961-704f-ba6a-4aa07290a2c8_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Held-to-maturity Securities [Line Items]</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfHeldToMaturitySecuritiesLineItems"/>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativeCollateralRightToReclaimSecuritiesThatCanNotBeSoldOrRepledged" xlink:to="lab_fhlbd_DerivativeCollateralRightToReclaimSecuritiesThatCanNotBeSoldOrRepledged" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_019d215e-2961-791f-88a7-1a1ab5f291be_terseLabel_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Past Due [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock_label_en-US" xlink:label="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Past Due [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PastDueFinancingReceivablesTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PastDueFinancingReceivablesTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PastDueFinancingReceivablesTableTextBlock" xlink:to="lab_us-gaap_PastDueFinancingReceivablesTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems_019d215e-29ea-7662-bce8-75931d7cb957_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Advances Classified by Contractual Maturity Date or Next Call Date [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems_label_en-US" xlink:label="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Advances Classified by Contractual Maturity Date or Next Call Date [Table Text Block] [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems_documentation_en-US" xlink:label="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Schedule of Advances Classified by Contractual Maturity Date or Next Call Date [Table Text Block] [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:to="lab_fhlbd_ScheduleofAdvancesClassifiedbyContractualMaturityDateorNextCallDateTableTextBlockLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability_019d215e-29eb-7411-92e5-13b983d2d510_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Cash Collateral Remitted in Excess of Derivative Liability</link:label>
    <link:label id="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability_label_en-US" xlink:label="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">cash collateral remitted in excess of derivative liability</link:label>
    <link:label id="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability_documentation_en-US" xlink:label="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">cash collateral remitted in excess of derivative liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:href="fhlbd-20260331.xsd#fhlbd_Cashcollateralremittedinexcessofderivativeliability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:to="lab_fhlbd_Cashcollateralremittedinexcessofderivativeliability" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_019d215e-2961-7421-bf02-a0510ae5e3f4_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash used in financing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Provided by (Used in) Financing Activity, Including Discontinued Operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:to="lab_us-gaap_NetCashProvidedByUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_FederalHomeLoanBankOfTopekaMember_019d215e-2961-7c78-bd8e-ec9b4d6956be_terseLabel_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfTopekaMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Topeka</link:label>
    <link:label id="lab_srt_FederalHomeLoanBankOfTopekaMember_label_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfTopekaMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Topeka [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_FederalHomeLoanBankOfTopekaMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_FederalHomeLoanBankOfTopekaMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_FederalHomeLoanBankOfTopekaMember" xlink:to="lab_srt_FederalHomeLoanBankOfTopekaMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember_019d215e-29eb-7d92-bd8c-318d9a571909_terseLabel_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Credit Rating, Investment Grade [Member]</link:label>
    <link:label id="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Credit Rating, Investment Grade [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ExternalCreditRatingInvestmentGradeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:to="lab_us-gaap_ExternalCreditRatingInvestmentGradeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_MeasureAxis_terseLabel_en-US" xlink:label="lab_ecd_MeasureAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Measure:</link:label>
    <link:label id="lab_ecd_MeasureAxis_label_en-US" xlink:label="lab_ecd_MeasureAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measure [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_MeasureAxis" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MeasureAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_MeasureAxis" xlink:to="lab_ecd_MeasureAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProvisionForLoanLossesExpensed_019d215e-29ea-7658-81d4-c90a91fbfde2_terseLabel_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLossesExpensed" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision for credit losses</link:label>
    <link:label id="lab_us-gaap_ProvisionForLoanLossesExpensed_label_en-US" xlink:label="lab_us-gaap_ProvisionForLoanLossesExpensed" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Credit Loss, Expense (Reversal)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProvisionForLoanLossesExpensed" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProvisionForLoanLossesExpensed"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProvisionForLoanLossesExpensed" xlink:to="lab_us-gaap_ProvisionForLoanLossesExpensed" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths_019d215e-29eb-7392-8443-5b5d73d0aec7_terseLabel_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, due in Next Rolling Twelve Months</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths_label_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, due in Next Rolling Twelve Months</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, Due in Next Rolling Twelve Months</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:to="lab_fhlbd_FederalHomeLoanBankAdvancesEarlierofContractualMaturityorNextPutorConvertDatedueinNextRollingTwelveMonths" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_019d215e-2961-76d6-b0ff-4ddbc93f3f40_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Fair Value</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Maturity, Allocated and Single Maturity Date, Rolling after 5 through 10 Years, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesRollingYearSixThroughTenFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears_019d215e-29eb-7257-8f19-c145501dbf1d_terseLabel_en-US" xlink:label="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Originated, Current Fiscal Year and Four Preceding Fiscal Years</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears_label_en-US" xlink:label="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Originated, Current Fiscal Year and Preceeding Four Preceeding Fiscal Years</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears_documentation_en-US" xlink:label="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financing Receivable, Originated, Current Fiscal Year and Preceeding Four Preceeding Fiscal Years</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:href="fhlbd-20260331.xsd#fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:to="lab_fhlbd_FinancingReceivableOriginatedCurrentFiscalYearandPreceedingFourPreceedingFiscalYears" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_VariableRateMember_019d215e-2961-78ec-a0aa-f6cd037fe52d_terseLabel_en-US" xlink:label="lab_fhlbd_VariableRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate [Member]</link:label>
    <link:label id="lab_fhlbd_VariableRateMember_label_en-US" xlink:label="lab_fhlbd_VariableRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate [Member]</link:label>
    <link:label id="lab_fhlbd_VariableRateMember_documentation_en-US" xlink:label="lab_fhlbd_VariableRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Rate [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_VariableRateMember" xlink:href="fhlbd-20260331.xsd#fhlbd_VariableRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_VariableRateMember" xlink:to="lab_fhlbd_VariableRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PvpTableTextBlock_terseLabel_en-US" xlink:label="lab_ecd_PvpTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pay vs Performance Disclosure, Table</link:label>
    <link:label id="lab_ecd_PvpTableTextBlock_label_en-US" xlink:label="lab_ecd_PvpTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pay vs Performance [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PvpTableTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PvpTableTextBlock" xlink:to="lab_ecd_PvpTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock_019d215e-29eb-7e89-9688-8e9ecf074ddc_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Mandatorily redeemable capital stock</link:label>
    <link:label id="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock_label_en-US" xlink:label="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends Common Stock Mandatorily Redeemable Capital Stock</link:label>
    <link:label id="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock_documentation_en-US" xlink:label="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Dividends paid through issuance of mandatorily redeemable capital stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:href="fhlbd-20260331.xsd#fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:to="lab_fhlbd_DividendsCommonStockMandatorilyRedeemableCapitalStock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CapitalAbstract_019d215e-29ea-7857-921e-7ebf649745d8_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CAPITAL (Note 14)</link:label>
    <link:label id="lab_us-gaap_CapitalAbstract_label_en-US" xlink:label="lab_us-gaap_CapitalAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Banking Regulation, Total Capital [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CapitalAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CapitalAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CapitalAbstract" xlink:to="lab_us-gaap_CapitalAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt_terseLabel_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Violation of Home Country Law, Amount</link:label>
    <link:label id="lab_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt_label_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Violation of Home Country Law, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:to="lab_ecd_ForgoneRecoveryDueToViolationOfHomeCountryLawAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FederalFundsSoldFairValueDisclosure_019d215e-2961-7f84-98d3-55f1664205e0_terseLabel_en-US" xlink:label="lab_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Funds Sold, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_FederalFundsSoldFairValueDisclosure_label_en-US" xlink:label="lab_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Funds Sold, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_FederalFundsSoldFairValueDisclosure_documentation_en-US" xlink:label="lab_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Funds Sold, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalFundsSoldFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:to="lab_fhlbd_FederalFundsSoldFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_019d215e-2961-71b1-8f7b-29d90e9ac3ec_terseLabel_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Concessions on consolidated obligations</link:label>
    <link:label id="lab_us-gaap_AmortizationOfFinancingCosts_label_en-US" xlink:label="lab_us-gaap_AmortizationOfFinancingCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amortization of Debt Issuance Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AmortizationOfFinancingCosts" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AmortizationOfFinancingCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AmortizationOfFinancingCosts" xlink:to="lab_us-gaap_AmortizationOfFinancingCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_019d215e-2961-72d4-a828-1eb40742cca1_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityTaxIdentificationNumber" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityTaxIdentificationNumber"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber" xlink:to="lab_dei_EntityTaxIdentificationNumber" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember_019d215e-2961-7fad-a42b-8b7c4a8db1e7_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances Putable Option [Member]</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Putable Option [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesPutableOptionMember" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MortgageLoansOnRealEstateLoanTypeAxis_019d215e-2961-7e29-b24b-61dc7760e879_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateLoanTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateLoanTypeAxis_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateLoanTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MortgageLoansOnRealEstateLoanTypeAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MortgageLoansOnRealEstateLoanTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateLoanTypeAxis" xlink:to="lab_srt_MortgageLoansOnRealEstateLoanTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock_019d215e-2961-7f12-a4a5-1491f7ecee11_terseLabel_en-US" xlink:label="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Assets and Liabilities Subject to Offsetting [Text Block]</link:label>
    <link:label id="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock_label_en-US" xlink:label="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Assets and Liabilities Subject to Offsetting [Text Block]</link:label>
    <link:label id="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Assets and Liabilities Subject to Offsetting [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:to="lab_fhlbd_AssetsAndLiabilitiesSubjectToOffsettingTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances_019d215e-29ea-7236-ad27-9667bedb76cd_terseLabel_en-US" xlink:label="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">InterestIncomeFederalHomeLoanBankAdvances</link:label>
    <link:label id="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances_label_en-US" xlink:label="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">u.s. gaap - InterestIncomeFederalHomeLoanBankAdvances</link:label>
    <link:label id="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances_documentation_en-US" xlink:label="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">u.s. gaap - InterestIncomeFederalHomeLoanBankAdvances</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:href="fhlbd-20260331.xsd#fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:to="lab_fhlbd_UsGaapInterestIncomeFederalHomeLoanBankAdvances" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember_019e0747-9c67-79ea-a4c9-abf99c9bce18_terseLabel_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company</link:label>
    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember_label_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company [Member]</link:label>
    <link:label id="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember_documentation_en-US" xlink:label="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">American General Life Insurance Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:href="fhlbd-20260331.xsd#fhlbd_AmericanGeneralLifeInsuranceCompanyMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:to="lab_fhlbd_AmericanGeneralLifeInsuranceCompanyMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_019d215e-2961-7a72-967d-45828209757f_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:label id="lab_us-gaap_CommonStockSharesIssued_label_en-US" xlink:label="lab_us-gaap_CommonStockSharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Shares, Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockSharesIssued" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockSharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockSharesIssued" xlink:to="lab_us-gaap_CommonStockSharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_019d215e-2961-7657-b9ad-913f52a043ae_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net Gains (Losses) on Derivatives and Hedging Activities Recorded in Non-interest Income [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock_label_en-US" xlink:label="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives Not Designated as Hedging Instruments [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:to="lab_us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks_019d215e-29ea-7498-ace5-e2e92ff6ecc9_terseLabel_en-US" xlink:label="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks (Note 18)</link:label>
    <link:label id="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks_019d215e-29ea-7e1b-bd78-42bc9472c2e4_periodStartLabel_en-US" xlink:label="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Loans from other FHLBanks, Beginning of period</link:label>
    <link:label id="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks_019d215e-29ea-7ca7-9d73-9d0bd2f014cf_periodEndLabel_en-US" xlink:label="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Loans from other FHLBanks, End of period</link:label>
    <link:label id="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks_label_en-US" xlink:label="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans from Other Federal Home Loan Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LoansFromOtherFederalHomeLoanBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:to="lab_us-gaap_LoansFromOtherFederalHomeLoanBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsTable_019d215e-29eb-7c4b-8fe6-c143850a6fa6_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Redemption Terms [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsTable_label_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Redemption Terms [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsTable_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances by Redemption Terms</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesbyRedemptionTermsTable" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesbyRedemptionTermsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AdvancesbyRedemptionTermsTable" xlink:to="lab_fhlbd_AdvancesbyRedemptionTermsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AssetPledgedAsCollateralWithRightMember_019d215e-29ea-7706-850e-3188542791b5_terseLabel_en-US" xlink:label="lab_us-gaap_AssetPledgedAsCollateralWithRightMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Asset Pledged as Collateral with Right</link:label>
    <link:label id="lab_us-gaap_AssetPledgedAsCollateralWithRightMember_label_en-US" xlink:label="lab_us-gaap_AssetPledgedAsCollateralWithRightMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Asset Pledged as Collateral with Right [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AssetPledgedAsCollateralWithRightMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AssetPledgedAsCollateralWithRightMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AssetPledgedAsCollateralWithRightMember" xlink:to="lab_us-gaap_AssetPledgedAsCollateralWithRightMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_019d215e-2961-794e-83b2-b8390a58c834_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]</link:label>
    <link:label id="lab_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember_label_en-US" xlink:label="lab_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage-Backed Security, Issued by US Government-Sponsored Enterprise [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:to="lab_us-gaap_MortgageBackedSecuritiesIssuedByUSGovernmentSponsoredEnterprisesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityPublicFloat_019d215e-29eb-7603-a676-3613f440655d_terseLabel_en-US" xlink:label="lab_dei_EntityPublicFloat" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:label id="lab_dei_EntityPublicFloat_label_en-US" xlink:label="lab_dei_EntityPublicFloat" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Public Float</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityPublicFloat" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityPublicFloat"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityPublicFloat" xlink:to="lab_dei_EntityPublicFloat" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral_019d215e-29eb-715e-8108-055cc2275235_negatedLabel_en-US" xlink:label="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Liabilities, Amounts Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral_label_en-US" xlink:label="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">LiabilitiesAmountOffsetAgainstCollateral</link:label>
    <link:label id="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral_documentation_en-US" xlink:label="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">LiabilitiesAmountOffsetAgainstCollateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:href="fhlbd-20260331.xsd#fhlbd_LiabilitiesAmountOffsetAgainstCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:to="lab_fhlbd_LiabilitiesAmountOffsetAgainstCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TradingArrAxis_terseLabel_en-US" xlink:label="lab_ecd_TradingArrAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Arrangement:</link:label>
    <link:label id="lab_ecd_TradingArrAxis_label_en-US" xlink:label="lab_ecd_TradingArrAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TradingArrAxis" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TradingArrAxis" xlink:to="lab_ecd_TradingArrAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TotalShareholderRtnAmt_terseLabel_en-US" xlink:label="lab_ecd_TotalShareholderRtnAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total Shareholder Return Amount</link:label>
    <link:label id="lab_ecd_TotalShareholderRtnAmt_label_en-US" xlink:label="lab_ecd_TotalShareholderRtnAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Total Shareholder Return Amount</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromMaturitiesRepaymentsAndCallsOfTradingSecuritiesHeldforinvestment"/>
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    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTable_019d215e-2961-7c7b-a2b0-2bcf8fed3613_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument Redemption [Table]</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentRedemptionTable_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentRedemptionTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Redemption [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentRedemptionTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentRedemptionTable"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearTwo_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingInRollingYearTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Weighted Average Interest Rate, Maturing in Rolling Year Two</link:label>
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    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems_019d215e-2961-7fab-957a-e1bc6c14e421_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Interest Rate Payment Terms [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems_label_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Interest Rate Payment Terms [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Advances by Interest Rate Payment Terms [Table]</link:label>
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    <link:label id="lab_us-gaap_StatementLineItems_019d215e-2961-72be-bf2c-be46bf091792_terseLabel_en-US" xlink:label="lab_us-gaap_StatementLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:label id="lab_us-gaap_StatementLineItems_label_en-US" xlink:label="lab_us-gaap_StatementLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementLineItems"/>
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    <link:label id="lab_us-gaap_HedgedAssetFairValueHedge_019d215e-2961-75e0-b741-edd5de873781_terseLabel_en-US" xlink:label="lab_us-gaap_HedgedAssetFairValueHedge" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged Asset, Fair Value Hedge</link:label>
    <link:label id="lab_us-gaap_HedgedAssetFairValueHedge_label_en-US" xlink:label="lab_us-gaap_HedgedAssetFairValueHedge" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Asset, Fair Value Hedge</link:label>
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    <link:label id="lab_ecd_Rule10b51ArrAdoptedFlag_label_en-US" xlink:label="lab_ecd_Rule10b51ArrAdoptedFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Rule 10b5-1 Arrangement Adopted [Flag]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_Rule10b51ArrAdoptedFlag" xlink:to="lab_ecd_Rule10b51ArrAdoptedFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CommonStockOtherValueOutstanding_019d215e-29eb-77cb-b84b-0ceef4eb9391_verboseLabel_en-US" xlink:label="lab_us-gaap_CommonStockOtherValueOutstanding" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Total Class B Capital Stock</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommonStockOtherValueOutstanding" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommonStockOtherValueOutstanding"/>
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    <link:label id="lab_fhlbd_LongtermDebtCallableorNonCallableTable_019d215e-29eb-7e5a-8190-7675d4dec71f_terseLabel_en-US" xlink:label="lab_fhlbd_LongtermDebtCallableorNonCallableTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt Callable or Non-Callable [Table]</link:label>
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    <link:label id="lab_srt_RangeMember_019d215e-2961-7575-82ba-0ce3c9104dfc_terseLabel_en-US" xlink:label="lab_srt_RangeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statistical Measurement [Domain]</link:label>
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    <link:label id="lab_us-gaap_ShorttermDebtFairValue_label_en-US" xlink:label="lab_us-gaap_ShorttermDebtFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Debt, Fair Value</link:label>
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    <link:label id="lab_us-gaap_LongtermDebtWeightedAverageInterestRate_label_en-US" xlink:label="lab_us-gaap_LongtermDebtWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Debt, Weighted Average Interest Rate, at Point in Time</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtWeightedAverageInterestRate" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtWeightedAverageInterestRate"/>
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    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_019d215e-29ea-7053-a8cb-fb8c0020e9db_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateNamePropertyTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate [Domain]</link:label>
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    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleRestricted_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleRestricted" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Restricted</link:label>
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    <link:label id="lab_fhlbd_GovernmentLoanMember_019d215e-2961-7e6a-8de4-bb5f110c37df_terseLabel_en-US" xlink:label="lab_fhlbd_GovernmentLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Government Loan [Member]</link:label>
    <link:label id="lab_fhlbd_GovernmentLoanMember_label_en-US" xlink:label="lab_fhlbd_GovernmentLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Government Loan [Member]</link:label>
    <link:label id="lab_fhlbd_GovernmentLoanMember_documentation_en-US" xlink:label="lab_fhlbd_GovernmentLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans insured or guaranteed by a government agency, such as the Federal Housing Administration (FHA), the U.S. Department of Veterans Affairs (VA), the Rural Housing Service of the U.S. Department of Agriculture (RHS), or the U.S. Department of Housing and Urban Development (HUD).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_GovernmentLoanMember" xlink:href="fhlbd-20260331.xsd#fhlbd_GovernmentLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_GovernmentLoanMember" xlink:to="lab_fhlbd_GovernmentLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DividendsStock_019d215e-2961-7182-85ed-01f2532d8e61_verboseLabel_en-US" xlink:label="lab_us-gaap_DividendsStock" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Stock dividends issued</link:label>
    <link:label id="lab_us-gaap_DividendsStock_label_en-US" xlink:label="lab_us-gaap_DividendsStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Dividends, Stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DividendsStock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DividendsStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DividendsStock" xlink:to="lab_us-gaap_DividendsStock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_019d215e-2961-7f69-a229-6e970c76c969_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Accumulated Gross Unrealized Loss, before Tax</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:to="lab_us-gaap_AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TradingArrByIndTable_terseLabel_en-US" xlink:label="lab_ecd_TradingArrByIndTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Arrangements, by Individual</link:label>
    <link:label id="lab_ecd_TradingArrByIndTable_label_en-US" xlink:label="lab_ecd_TradingArrByIndTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangements, by Individual [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TradingArrByIndTable" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TradingArrByIndTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TradingArrByIndTable" xlink:to="lab_ecd_TradingArrByIndTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AOCICashFlowsHedgingMember_019d215e-29eb-7bb1-a759-858882da5eb9_terseLabel_en-US" xlink:label="lab_fhlbd_AOCICashFlowsHedgingMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]</link:label>
    <link:label id="lab_fhlbd_AOCICashFlowsHedgingMember_label_en-US" xlink:label="lab_fhlbd_AOCICashFlowsHedgingMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AOCICashFlowsHedging [Member]</link:label>
    <link:label id="lab_fhlbd_AOCICashFlowsHedgingMember_documentation_en-US" xlink:label="lab_fhlbd_AOCICashFlowsHedgingMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AOCICashFlowsHedging</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AOCICashFlowsHedgingMember" xlink:href="fhlbd-20260331.xsd#fhlbd_AOCICashFlowsHedgingMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AOCICashFlowsHedgingMember" xlink:to="lab_fhlbd_AOCICashFlowsHedgingMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_USTreasuryBillSecuritiesMember_019d215e-29ea-7c14-836c-4a0979a66566_terseLabel_en-US" xlink:label="lab_us-gaap_USTreasuryBillSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US Treasury Bill Securities [Member]</link:label>
    <link:label id="lab_us-gaap_USTreasuryBillSecuritiesMember_label_en-US" xlink:label="lab_us-gaap_USTreasuryBillSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Treasury Bill Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_USTreasuryBillSecuritiesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_USTreasuryBillSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USTreasuryBillSecuritiesMember" xlink:to="lab_us-gaap_USTreasuryBillSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankLeverageCapitalRequired_019d215e-29ea-7acc-81db-47553493f2e1_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankLeverageCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Leverage Capital, Required</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankLeverageCapitalRequired_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankLeverageCapitalRequired" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Leverage Capital, Required</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankLeverageCapitalRequired" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankLeverageCapitalRequired"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankLeverageCapitalRequired" xlink:to="lab_us-gaap_FederalHomeLoanBankLeverageCapitalRequired" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_019d215e-29ea-7992-941e-c0458ec669ac_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell, Gross</link:label>
    <link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross_label_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Purchased under Agreement to Resell, Subject to Master Netting Arrangement, before Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:to="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellGross" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock_019d215e-2961-7607-b594-ad3e1f306d16_terseLabel_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans Held For Portfolio [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock_label_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans Held For Portfolio [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Tabular disclosure of mortgage loans held for portfolio (can include unpaid principal balance, premiums, discounts, deferred loan costs and hedging adjustments).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_MortgageLoansHeldForPortfolioTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:to="lab_fhlbd_MortgageLoansHeldForPortfolioTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_019d215e-2961-74b9-8474-9bc977cc0c85_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Decrease in accrued interest receivable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Accrued Interest Receivable, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:to="lab_us-gaap_IncreaseDecreaseInAccruedInterestReceivableNet" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DepositsFairValueDisclosure_019d215e-29eb-78b3-85d7-126b6808ad76_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits, Fair Value Disclosure</link:label>
    <link:label id="lab_us-gaap_DepositsFairValueDisclosure_label_en-US" xlink:label="lab_us-gaap_DepositsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepositsFairValueDisclosure" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepositsFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsFairValueDisclosure" xlink:to="lab_us-gaap_DepositsFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_019d215e-2960-7302-986a-e15eb049c212_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Accumulated Unrecognized Gain</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesAccumulatedUnrecognizedHoldingGain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation_019d215e-2961-77f3-877d-288e1221503a_terseLabel_en-US" xlink:label="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Partial recovery of prior capital distribution to Financing Corporation (Note 14)</link:label>
    <link:label id="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation_label_en-US" xlink:label="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PartialRecoveryofPriorCapitalDistributionToFinancingCorporation</link:label>
    <link:label id="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation_documentation_en-US" xlink:label="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">PartialRecoveryofPriorCapitalDistributionToFinancingCorporation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:href="fhlbd-20260331.xsd#fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:to="lab_fhlbd_PartialRecoveryofPriorCapitalDistributionToFinancingCorporation" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_019d215e-2960-7910-a5d9-1f5ed8bf507c_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-sale Securities Reconciliation [Table Text Block]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:to="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesReconciliationTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionDomain_019d215e-2961-75c5-9f84-92f788d303a8_terseLabel_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Domain]</link:label>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionDomain_label_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CumulativeEffectPeriodOfAdoptionDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:to="lab_srt_CumulativeEffectPeriodOfAdoptionDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock_019d215e-2961-766e-93d0-9dc249d50eec_terseLabel_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBB</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock_label_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBB [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:to="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_SBBTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardTmgMnpiDiscTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AwardTmgMnpiDiscTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Timing MNPI Disclosure</link:label>
    <link:label id="lab_ecd_AwardTmgMnpiDiscTextBlock_label_en-US" xlink:label="lab_ecd_AwardTmgMnpiDiscTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Timing MNPI Disclosure [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardTmgMnpiDiscTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgMnpiDiscTextBlock"/>
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    <link:label id="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral_019d215e-29eb-7c47-9e74-fb34435f0b97_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesPurchasedUnderAgreementsToResellAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Purchased under Agreements to Resell, Amount Offset Against Collateral</link:label>
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    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_019d215e-28a1-7876-92dc-ac2b78b78b32_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Accounts, Notes, Loans and Financing Receivable [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounts and Financing Receivables [Table]</link:label>
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    <link:label id="lab_us-gaap_TradingSecurities_019d215e-29eb-780b-903f-8150da01c828_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading securities</link:label>
    <link:label id="lab_us-gaap_TradingSecurities_label_en-US" xlink:label="lab_us-gaap_TradingSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI</link:label>
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    <link:label id="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock_019d215e-29eb-7bde-bedb-a5198dec00a4_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Federal Home Loan Bank Advances by Interest Rate Payment Terms [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock_label_en-US" xlink:label="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Federal Home Loan Bank Advances by Interest Rate Payment Terms [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfFederalHomeLoanBankAdvancesByInterestRatePaymentTermsTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The entire disclosure for mortgage loans on real estate, this includes the supplemental information pertaining to each mortgage loan receivable that equals or exceeds three percent of the carrying amount of mortgages.</link:label>
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    <link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral_019d215e-2961-7a93-a30f-bb8799d6aead_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities Sold under Agreements to Repurchase, Fair Value of Collateral</link:label>
    <link:label id="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral_label_en-US" xlink:label="lab_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Securities Sold under Agreements to Repurchase, Fair Value of Collateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral"/>
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    <link:label id="lab_us-gaap_DerivativeInstrumentsGainLossLineItems_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instruments, Gain (Loss) [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentsGainLossLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentsGainLossLineItems"/>
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    <link:label id="lab_fhlbd_PaymentsForFederalHomeLoanBankLoans_label_en-US" xlink:label="lab_fhlbd_PaymentsForFederalHomeLoanBankLoans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Federal Home Loan Bank Loans</link:label>
    <link:label id="lab_fhlbd_PaymentsForFederalHomeLoanBankLoans_documentation_en-US" xlink:label="lab_fhlbd_PaymentsForFederalHomeLoanBankLoans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Payments for Federal Home Loan Bank Loans</link:label>
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    <link:label id="lab_us-gaap_HedgingDesignationDomain_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HedgingDesignationDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HedgingDesignationDomain"/>
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    <link:label id="lab_us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss_019d215e-2961-77a8-b3e9-a279b941b534_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss"/>
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    <link:label id="lab_us-gaap_LiabilitiesAndStockholdersEquity_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAndStockholdersEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities and Equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAndStockholdersEquity" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAndStockholdersEquity"/>
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    <link:label id="lab_fhlbd_OffsettingAssetsGross_019d215e-2961-7cd2-b884-1efa1abec69e_terseLabel_en-US" xlink:label="lab_fhlbd_OffsettingAssetsGross" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Gross</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsGross_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsGross" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Gross</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsGross_documentation_en-US" xlink:label="lab_fhlbd_OffsettingAssetsGross" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount, before effects of master netting arrangements, of assets subject to master netting arrangements.</link:label>
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    <link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_019d215e-29eb-7a33-ba00-50edf6a897a8_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Defined Benefit Plans Adjustment [Member]</link:label>
    <link:label id="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember_label_en-US" xlink:label="lab_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedDefinedBenefitPlansAdjustmentMember"/>
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    <link:label id="lab_fhlbd_FeesPaidonPrepaidAdvanceswithSymmetricalPrepayment_documentation_en-US" xlink:label="lab_fhlbd_FeesPaidonPrepaidAdvanceswithSymmetricalPrepayment" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fees paid on Prepaid Advances with Symmetrical Prepayment Feature</link:label>
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    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_019d215e-2961-773b-a199-64f77a673e25_verboseLabel_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Categories of Investments, Marketable Securities, Available-for-sale Securities [Member]</link:label>
    <link:label id="lab_us-gaap_AvailableforsaleSecuritiesMember_label_en-US" xlink:label="lab_us-gaap_AvailableforsaleSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-Sale Securities [Member]</link:label>
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    <link:label id="lab_fhlbd_CapitalTable_019d215e-2961-7eb9-a496-c11b4d81c812_terseLabel_en-US" xlink:label="lab_fhlbd_CapitalTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital [Table]</link:label>
    <link:label id="lab_fhlbd_CapitalTable_label_en-US" xlink:label="lab_fhlbd_CapitalTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital [Table]</link:label>
    <link:label id="lab_fhlbd_CapitalTable_documentation_en-US" xlink:label="lab_fhlbd_CapitalTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Capital [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CapitalTable" xlink:href="fhlbd-20260331.xsd#fhlbd_CapitalTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_CapitalTable" xlink:to="lab_fhlbd_CapitalTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase_019d215e-29eb-70a1-9c92-5e5f490753d2_terseLabel_en-US" xlink:label="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Minimum Stock Surplus Required For Repurchase</link:label>
    <link:label id="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase_label_en-US" xlink:label="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Minimum Stock Surplus Required For Repurchase</link:label>
    <link:label id="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase_documentation_en-US" xlink:label="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Minimum Stock Surplus Required For Repurchase</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:href="fhlbd-20260331.xsd#fhlbd_MinimumStockSurplusRequiredForRepurchase"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:to="lab_fhlbd_MinimumStockSurplusRequiredForRepurchase" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestIncomeFederalFundsSold_019d215e-2961-78f2-a53f-08170f449d4c_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal funds sold</link:label>
    <link:label id="lab_us-gaap_InterestIncomeFederalFundsSold_label_en-US" xlink:label="lab_us-gaap_InterestIncomeFederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Federal Funds Sold</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeFederalFundsSold" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeFederalFundsSold"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeFederalFundsSold" xlink:to="lab_us-gaap_InterestIncomeFederalFundsSold" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_019d215e-29eb-75fe-94b7-3cfef2074133_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital stock</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stockholders' Equity, Number of Shares, Par Value and Other Disclosure [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:to="lab_us-gaap_StockholdersEquityNumberOfSharesParValueAndOtherDisclosuresAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeCollateralObligationToReturnSecurities_019d215e-2961-72c8-94c9-c70b3b7548d9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Collateral, Obligation to Return Securities</link:label>
    <link:label id="lab_us-gaap_DerivativeCollateralObligationToReturnSecurities_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Security Not Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeCollateralObligationToReturnSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:to="lab_us-gaap_DerivativeCollateralObligationToReturnSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ForwardContractsMember_019d215e-29ea-75d7-8725-73ab3f1b8e06_terseLabel_en-US" xlink:label="lab_us-gaap_ForwardContractsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forward Contracts [Member]</link:label>
    <link:label id="lab_us-gaap_ForwardContractsMember_label_en-US" xlink:label="lab_us-gaap_ForwardContractsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forward Contracts [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ForwardContractsMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ForwardContractsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ForwardContractsMember" xlink:to="lab_us-gaap_ForwardContractsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_019d215e-29eb-706b-b5dc-497e0d1725ad_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sales of trading securities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment_label_en-US" xlink:label="lab_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Sale, Debt Security, Trading, and Equity Security, FV-NI, Held-for-Investment</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:to="lab_us-gaap_ProceedsFromSaleOfTradingSecuritiesHeldforinvestment" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PayVsPerformanceDisclosureLineItems_label_en-US" xlink:label="lab_ecd_PayVsPerformanceDisclosureLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pay vs Performance Disclosure [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PayVsPerformanceDisclosureLineItems" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PayVsPerformanceDisclosureLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PayVsPerformanceDisclosureLineItems" xlink:to="lab_ecd_PayVsPerformanceDisclosureLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MortgageLoansOnRealEstateLoanTypeDomain_019d215e-29eb-7503-aa97-b27730d7c0ef_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateLoanTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateLoanTypeDomain_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateLoanTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Loan Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MortgageLoansOnRealEstateLoanTypeDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MortgageLoansOnRealEstateLoanTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateLoanTypeDomain" xlink:to="lab_srt_MortgageLoansOnRealEstateLoanTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FhlBankOfDallasMember_019d215e-2961-7dad-9c66-d96ca14e9873_terseLabel_en-US" xlink:label="lab_fhlbd_FhlBankOfDallasMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FHL Bank of Dallas [Member]</link:label>
    <link:label id="lab_fhlbd_FhlBankOfDallasMember_label_en-US" xlink:label="lab_fhlbd_FhlBankOfDallasMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FHL Bank of Dallas [Member]</link:label>
    <link:label id="lab_fhlbd_FhlBankOfDallasMember_documentation_en-US" xlink:label="lab_fhlbd_FhlBankOfDallasMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">FHL Bank of Dallas [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FhlBankOfDallasMember" xlink:href="fhlbd-20260331.xsd#fhlbd_FhlBankOfDallasMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FhlBankOfDallasMember" xlink:to="lab_fhlbd_FhlBankOfDallasMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_019d215e-29eb-7e78-9859-e8d0cbb1c294_terseLabel_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US Government Agencies Debt Securities [Member]</link:label>
    <link:label id="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember_label_en-US" xlink:label="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Government Agencies Debt Securities [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_USGovernmentAgenciesDebtSecuritiesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:to="lab_us-gaap_USGovernmentAgenciesDebtSecuritiesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_MortgageReceivablesMember_019d215e-29ea-7cfd-a7e6-a940623133da_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Receivable [Member]</link:label>
    <link:label id="lab_us-gaap_MortgageReceivablesMember_label_en-US" xlink:label="lab_us-gaap_MortgageReceivablesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Receivable [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageReceivablesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgageReceivablesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageReceivablesMember" xlink:to="lab_us-gaap_MortgageReceivablesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_019d215e-2961-74f0-8475-eeefd7452ffa_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Asset, Equal to or Greater than 90 Days Past Due [Member]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember_label_en-US" xlink:label="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset, Equal to or Greater than 90 Days Past Due [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:to="lab_us-gaap_FinancingReceivablesEqualToGreaterThan90DaysPastDueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_019d215e-29ea-7a3e-9035-bb9d69636954_terseLabel_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:label id="lab_us-gaap_LiabilitiesAbstract_label_en-US" xlink:label="lab_us-gaap_LiabilitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LiabilitiesAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LiabilitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LiabilitiesAbstract" xlink:to="lab_us-gaap_LiabilitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock_019d215e-2961-7f29-babf-d882570d3d12_terseLabel_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks</link:label>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock_label_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks [Text Block]</link:label>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock_documentation_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transactions with other FHLBanks [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_TransactionsWithOtherFhlbanksTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:to="lab_fhlbd_TransactionsWithOtherFhlbanksTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_FederalHomeLoanBankOfBostonMember_019d215e-29eb-7394-9530-2221b58e0a23_terseLabel_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfBostonMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FHLB of Boston [Member]</link:label>
    <link:label id="lab_srt_FederalHomeLoanBankOfBostonMember_label_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfBostonMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Boston [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_FederalHomeLoanBankOfBostonMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_FederalHomeLoanBankOfBostonMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_FederalHomeLoanBankOfBostonMember" xlink:to="lab_srt_FederalHomeLoanBankOfBostonMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201602Member_019d215e-29eb-7b03-a9dc-c63833341439_terseLabel_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201602Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-02 [Member]</link:label>
    <link:label id="lab_us-gaap_AccountingStandardsUpdate201602Member_label_en-US" xlink:label="lab_us-gaap_AccountingStandardsUpdate201602Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update 2016-02 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountingStandardsUpdate201602Member" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountingStandardsUpdate201602Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccountingStandardsUpdate201602Member" xlink:to="lab_us-gaap_AccountingStandardsUpdate201602Member" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery_019d215e-29eb-7e4d-b54d-1ed690a4a412_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Chargeoffs</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff (Recovery)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery" xlink:to="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossWriteoffAfterRecovery" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue_019d215e-2961-7891-a99c-d432a11bfca7_terseLabel_en-US" xlink:label="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank advances, par value</link:label>
    <link:label id="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue_label_en-US" xlink:label="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">u.s. gaap - Federal Home Loan Bank advances, par value</link:label>
    <link:label id="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue_documentation_en-US" xlink:label="lab_fhlbd_UsGaapFederalHomeLoanBankAdvancesParValue" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">u.s. gaap - Federal Home Loan Bank advances, par value</link:label>
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    <link:label id="lab_fhlbd_StepUpMember_019d215e-2961-739b-a5b3-e8d1ca04d34c_terseLabel_en-US" xlink:label="lab_fhlbd_StepUpMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Step Up [Member]</link:label>
    <link:label id="lab_fhlbd_StepUpMember_label_en-US" xlink:label="lab_fhlbd_StepUpMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Step Up [Member]</link:label>
    <link:label id="lab_fhlbd_StepUpMember_documentation_en-US" xlink:label="lab_fhlbd_StepUpMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Step Up [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_StepUpMember" xlink:href="fhlbd-20260331.xsd#fhlbd_StepUpMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_StepUpMember" xlink:to="lab_fhlbd_StepUpMember" xlink:type="arc" order="1"/>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ChangeInUnrealizedGainLossOnHedgedItemInFairValueHedge1"/>
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    <link:label id="lab_srt_FederalHomeLoanBankOfPittsburghMember_019d215e-29eb-7325-b651-064b402d8f3b_terseLabel_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfPittsburghMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of Pittsburgh</link:label>
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    <link:label id="lab_ecd_MeasureName_terseLabel_en-US" xlink:label="lab_ecd_MeasureName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name</link:label>
    <link:label id="lab_ecd_MeasureName_label_en-US" xlink:label="lab_ecd_MeasureName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Measure Name</link:label>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInNextRollingTwelveMonths_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary, in Next Rolling 12 Months</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInNextRollingTwelveMonths" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesMaturitiesSummaryInNextRollingTwelveMonths"/>
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    <link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_019d215e-2961-77f8-afdf-8e88e1f19f13_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net increase in deposit liabilities, including swap collateral held</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInDeposits_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInDeposits" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Deposits</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInDeposits" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInDeposits"/>
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    <link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_019d215e-29eb-768e-bdc4-e6225bdc2a48_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Principal collected on available-for-sale securities</link:label>
    <link:label id="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities_label_en-US" xlink:label="lab_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-Sale</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities"/>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_019d215e-2961-79c9-b71b-fffd41f5fd9d_totalLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_019d215e-2961-7c9b-9f50-024c1276222a_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Total other comprehensive income (loss)</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), before Tax, Portion Attributable to Parent</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent"/>
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    <link:label id="lab_fhlbd_BasisOfPresentationAbstract_019d215e-2961-720d-adf2-0c0bc657a762_terseLabel_en-US" xlink:label="lab_fhlbd_BasisOfPresentationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Basis of Presentation [Abstract]</link:label>
    <link:label id="lab_fhlbd_BasisOfPresentationAbstract_label_en-US" xlink:label="lab_fhlbd_BasisOfPresentationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis of Presentation [Abstract]</link:label>
    <link:label id="lab_fhlbd_BasisOfPresentationAbstract_documentation_en-US" xlink:label="lab_fhlbd_BasisOfPresentationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Basis of Presentation [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_BasisOfPresentationAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_BasisOfPresentationAbstract"/>
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    <link:label id="lab_us-gaap_UnsecuredDebtMember_019d215e-29ea-7607-923c-932bf1bb40a8_terseLabel_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured Debt [Member]</link:label>
    <link:label id="lab_us-gaap_UnsecuredDebtMember_label_en-US" xlink:label="lab_us-gaap_UnsecuredDebtMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unsecured Debt [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnsecuredDebtMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnsecuredDebtMember"/>
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    <link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_019d215e-2961-74e4-94b9-1f838474f1a3_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Liability, Subject to Master Netting Arrangement, Gross Asset and Collateral, Right to Reclaim Cash, Offset</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Subject to Master Netting Arrangement, Gross Asset and Collateral, Right to Reclaim Cash, Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeLiabilityFairValueGrossAssetAndRightToReclaimCashOffset"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFive_019d215e-2961-72b0-81f3-3f24265069e3_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextCallDateInRollingYearFive" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Call Date, in Rolling Year Five</link:label>
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    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAbstract_019d215e-2961-79fa-abbe-7a67c8f23f54_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Available-for-sale Securities, Debt Maturities [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAbstract_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Available-for-Sale Securities, Debt Maturities [Abstract]</link:label>
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    <link:label id="lab_fhlbd_FhlbanksMember_019d215e-29ea-7f62-92fe-13ea31105b02_terseLabel_en-US" xlink:label="lab_fhlbd_FhlbanksMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FHLBanks [Member]</link:label>
    <link:label id="lab_fhlbd_FhlbanksMember_label_en-US" xlink:label="lab_fhlbd_FhlbanksMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">FHLBanks [Member]</link:label>
    <link:label id="lab_fhlbd_FhlbanksMember_documentation_en-US" xlink:label="lab_fhlbd_FhlbanksMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents all 12 Federal Home Loan Banks [Member]</link:label>
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    <link:label id="lab_dei_LegalEntityAxis_019d215e-2961-7b7f-b97a-97c3104897c2_terseLabel_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
    <link:label id="lab_dei_LegalEntityAxis_label_en-US" xlink:label="lab_dei_LegalEntityAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Legal Entity [Axis]</link:label>
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    <link:label id="lab_fhlbd_DocumentAndEntityInformationAbstract_019d215e-28a1-772b-8ead-fd4df021f97c_terseLabel_en-US" xlink:label="lab_fhlbd_DocumentAndEntityInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_fhlbd_DocumentAndEntityInformationAbstract_label_en-US" xlink:label="lab_fhlbd_DocumentAndEntityInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
    <link:label id="lab_fhlbd_DocumentAndEntityInformationAbstract_documentation_en-US" xlink:label="lab_fhlbd_DocumentAndEntityInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Document and Entity Information [Abstract]</link:label>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesTextBlock_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances [Text Block]</link:label>
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    <link:label id="lab_us-gaap_UsGovernmentAgencyInsuredLoansMember_label_en-US" xlink:label="lab_us-gaap_UsGovernmentAgencyInsuredLoansMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Government Agency Insured Loans [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UsGovernmentAgencyInsuredLoansMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UsGovernmentAgencyInsuredLoansMember"/>
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    <link:label id="lab_fhlbd_NetTransfersDuringPeriodBetweenClassesofStockShares_documentation_en-US" xlink:label="lab_fhlbd_NetTransfersDuringPeriodBetweenClassesofStockShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Transfers During Period Between Classes of Stock, Shares</link:label>
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    <link:label id="lab_fhlbd_NonMemberCounterpartyMember_label_en-US" xlink:label="lab_fhlbd_NonMemberCounterpartyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non-member Counterparty [Member]</link:label>
    <link:label id="lab_fhlbd_NonMemberCounterpartyMember_documentation_en-US" xlink:label="lab_fhlbd_NonMemberCounterpartyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non-member Counterparty [Member]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FhlbdProceedsFromSaleOfHeldToMaturitySecurities" xlink:to="lab_fhlbd_FhlbdProceedsFromSaleOfHeldToMaturitySecurities" xlink:type="arc" order="1"/>
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    <link:label id="lab_fhlbd_AllowanceForCreditLossesAbstract_label_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Allowance for Credit Losses [Abstract]</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesAbstract_documentation_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Allowance for Credit Losses [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AllowanceForCreditLossesAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_AllowanceForCreditLossesAbstract"/>
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    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_019d215e-29ea-7b03-9d92-c07a733bc642_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Roll Forward]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesRollForward"/>
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    <link:label id="lab_us-gaap_ExternalCreditRatingByGroupingDomain_019d215e-29eb-7181-8b85-897dc1f740db_terseLabel_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingByGroupingDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Credit Rating by Grouping [Domain]</link:label>
    <link:label id="lab_us-gaap_ExternalCreditRatingByGroupingDomain_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingByGroupingDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Credit Rating by Grouping [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ExternalCreditRatingByGroupingDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ExternalCreditRatingByGroupingDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingByGroupingDomain" xlink:to="lab_us-gaap_ExternalCreditRatingByGroupingDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_019d215e-29ea-7f30-bfef-f8fa930e5355_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">OPERATING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract"/>
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    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_019d215e-2961-7b1c-90cc-0725d123c343_terseLabel_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable Type [Axis]</link:label>
    <link:label id="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis_label_en-US" xlink:label="lab_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccountsNotesLoansAndFinancingReceivableByReceivableTypeAxis"/>
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    <link:label id="lab_fhlbd_OffsettingLiabilitiesTotal_label_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OffsettingLiabilitiesTotal</link:label>
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    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesReceivableMember_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesReceivableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances Receivable</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearTwoThroughFiveAmortizedCostBasis"/>
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    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_019d215e-2961-7e68-bf42-af5cb0b28793_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-maturity, Fair Value</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesFairValue_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HeldToMaturitySecuritiesFairValue" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HeldToMaturitySecuritiesFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_HeldToMaturitySecuritiesFairValue" xlink:to="lab_us-gaap_HeldToMaturitySecuritiesFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_019d215e-29eb-7df2-9a26-dee1bf7410ce_terseLabel_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
    <link:label id="lab_dei_EntityCommonStockSharesOutstanding_label_en-US" xlink:label="lab_dei_EntityCommonStockSharesOutstanding" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Common Stock, Shares Outstanding</link:label>
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    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveWeightedAverageInterestRate_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Five, Weighted Average Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveWeightedAverageInterestRate" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFiveWeightedAverageInterestRate"/>
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    <link:label id="lab_us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability_label_en-US" xlink:label="lab_us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-Use Asset Obtained in Exchange for Operating Lease Liability</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability"/>
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    <link:label id="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems_label_en-US" xlink:label="lab_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfAvailableForSaleSecuritiesLineItems"/>
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    <link:label id="lab_us-gaap_FairValueInputsLevel2Member_label_en-US" xlink:label="lab_us-gaap_FairValueInputsLevel2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value, Inputs, Level 2 [Member]</link:label>
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    <link:label id="lab_fhlbd_DividendsOnCapitalStockAtPercentAnnualizedRateAbstract_documentation_en-US" xlink:label="lab_fhlbd_DividendsOnCapitalStockAtPercentAnnualizedRateAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">-- None. No documentation exists for this element. --</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DividendsOnCapitalStockAtPercentAnnualizedRateAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_DividendsOnCapitalStockAtPercentAnnualizedRateAbstract"/>
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    <link:label id="lab_fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember_documentation_en-US" xlink:label="lab_fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">fhlbd_ConventionalLoansModifiedUndertheCARESAct</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember" xlink:href="fhlbd-20260331.xsd#fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember" xlink:to="lab_fhlbd_Fhlbd_ConventionalLoansModifiedUndertheCARESActMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ComericaBankMember_019d215e-2961-7bae-8292-5dd107f99db6_terseLabel_en-US" xlink:label="lab_fhlbd_ComericaBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Comerica Bank</link:label>
    <link:label id="lab_fhlbd_ComericaBankMember_label_en-US" xlink:label="lab_fhlbd_ComericaBankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comerica Bank [Member]</link:label>
    <link:label id="lab_fhlbd_ComericaBankMember_documentation_en-US" xlink:label="lab_fhlbd_ComericaBankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Comerica Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ComericaBankMember" xlink:href="fhlbd-20260331.xsd#fhlbd_ComericaBankMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ComericaBankMember" xlink:to="lab_fhlbd_ComericaBankMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease_019d215e-2961-7027-ad11-235e647a8f8b_terseLabel_en-US" xlink:label="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease</link:label>
    <link:label id="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease_label_en-US" xlink:label="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease</link:label>
    <link:label id="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease_documentation_en-US" xlink:label="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:href="fhlbd-20260331.xsd#fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:to="lab_fhlbd_HedgedAssetActiveFairValueHedgeCumulativeIncreaseDecrease" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_019d215e-2961-71d4-99c2-0867ee3068a1_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Fair Value</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRate_019d215e-2961-7352-ab8d-f6a49b0eaf12_totalLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRate" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Floating Rate</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRate_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Floating Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRate" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesFloatingRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRate" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_RetainedEarningsMember_019d215e-2961-7536-ae50-0177c1ad3013_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsMember_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsMember" xlink:to="lab_us-gaap_RetainedEarningsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019d215e-29eb-7559-bac0-7f9b3a300a15_periodStartLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at beginning of the period</link:label>
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_019d215e-29eb-7a19-817e-cf2798663a22_periodEndLabel_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Cash and cash equivalents at end of the period</link:label>
    <link:label id="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents_label_en-US" xlink:label="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:to="lab_us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_IncomeStatementAbstract_label_en-US" xlink:label="lab_us-gaap_IncomeStatementAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Income Statement [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncomeStatementAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncomeStatementAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncomeStatementAbstract" xlink:to="lab_us-gaap_IncomeStatementAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeAssets_019d215e-2961-7034-b995-d3b3471f1d99_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative assets (Notes 12 and 13)</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_019d215e-2961-7f4b-a551-1d45d9b006eb_netLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:type="resource" xml:lang="en-US">Derivative Assets</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_019d215e-2961-7d0e-8280-7f46404e90e4_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative assets</link:label>
    <link:label id="lab_us-gaap_DerivativeAssets_label_en-US" xlink:label="lab_us-gaap_DerivativeAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssets" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssets"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssets" xlink:to="lab_us-gaap_DerivativeAssets" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_019d215e-2961-7cd5-be97-b3c47652a5df_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger"/>
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    <link:label id="lab_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember_019d215e-29ea-774f-adf3-7e6f9b60365c_terseLabel_en-US" xlink:label="lab_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument, Economic Hedge [Member]</link:label>
    <link:label id="lab_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember_label_en-US" xlink:label="lab_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Not Designated as Hedging Instrument, Economic Hedge [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember" xlink:to="lab_us-gaap_NotDesignatedAsHedgingInstrumentEconomicHedgeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseMember_019d215e-2961-7af3-a919-36ddc43cf020_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense [Member]</link:label>
    <link:label id="lab_us-gaap_InterestExpenseMember_label_en-US" xlink:label="lab_us-gaap_InterestExpenseMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseMember" xlink:to="lab_us-gaap_InterestExpenseMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain_019d215e-2961-7dde-9cb7-533fbe6eef1a_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Domain]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain_label_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Domain]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:to="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_019d215e-29eb-77d0-b7f7-e3e9b71f392b_terseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in accrued interest payable</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInInterestPayableNet_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Interest Payable, Net</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInInterestPayableNet"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:to="lab_us-gaap_IncreaseDecreaseInInterestPayableNet" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesAbstract_019d215e-2961-7130-8e5a-6504155eecc7_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale [Abstract]</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesAbstract_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleSecuritiesAbstract" xlink:to="lab_us-gaap_AvailableForSaleSecuritiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProfitLoss_019d215e-29eb-7036-908c-369d65b8fb02_terseLabel_en-US" xlink:label="lab_us-gaap_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net income</link:label>
    <link:label id="lab_us-gaap_ProfitLoss_label_en-US" xlink:label="lab_us-gaap_ProfitLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Income (Loss), Including Portion Attributable to Noncontrolling Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProfitLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProfitLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProfitLoss" xlink:to="lab_us-gaap_ProfitLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ParentMember_019d215e-2961-7917-b4f9-26e62ab4900f_terseLabel_en-US" xlink:label="lab_us-gaap_ParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Parent</link:label>
    <link:label id="lab_us-gaap_ParentMember_label_en-US" xlink:label="lab_us-gaap_ParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Parent [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ParentMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ParentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ParentMember" xlink:to="lab_us-gaap_ParentMember" xlink:type="arc" order="1"/>
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    <link:label id="lab_ecd_RestatementDoesNotRequireRecoveryTextBlock_label_en-US" xlink:label="lab_ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement Does Not Require Recovery [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDoesNotRequireRecoveryTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:to="lab_ecd_RestatementDoesNotRequireRecoveryTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeNotionalAmount_019d215e-29ea-7af1-9e09-0588a6e09beb_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeNotionalAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Notional Amount</link:label>
    <link:label id="lab_us-gaap_DerivativeNotionalAmount_label_en-US" xlink:label="lab_us-gaap_DerivativeNotionalAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Notional Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeNotionalAmount" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeNotionalAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeNotionalAmount" xlink:to="lab_us-gaap_DerivativeNotionalAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_VariableInterestRateMember_019d215e-2961-719f-ba0b-ede7cfd6a1ca_terseLabel_en-US" xlink:label="lab_fhlbd_VariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Interest Rate [Member]</link:label>
    <link:label id="lab_fhlbd_VariableInterestRateMember_label_en-US" xlink:label="lab_fhlbd_VariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Interest Rate [Member]</link:label>
    <link:label id="lab_fhlbd_VariableInterestRateMember_documentation_en-US" xlink:label="lab_fhlbd_VariableInterestRateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Financial instruments with a variable rate of interest.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_VariableInterestRateMember" xlink:href="fhlbd-20260331.xsd#fhlbd_VariableInterestRateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_VariableInterestRateMember" xlink:to="lab_fhlbd_VariableInterestRateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_CityAreaCode_019d215e-2961-72ff-9f67-e562a95ffe39_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_label_en-US" xlink:label="lab_dei_CityAreaCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_CityAreaCode" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_CityAreaCode"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode" xlink:to="lab_dei_CityAreaCode" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear_019d215e-29eb-78f9-a746-5de072847de1_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Floating Rate, under One Year</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advance, Floating Rate, Year One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesFloatingRateUnderOneYear" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_StatementOfConditionAbstract_019d215e-29eb-7152-b6c1-c19a093f4ea2_terseLabel_en-US" xlink:label="lab_fhlbd_StatementOfConditionAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of Condition [Abstract]</link:label>
    <link:label id="lab_fhlbd_StatementOfConditionAbstract_label_en-US" xlink:label="lab_fhlbd_StatementOfConditionAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Condition [Abstract]</link:label>
    <link:label id="lab_fhlbd_StatementOfConditionAbstract_documentation_en-US" xlink:label="lab_fhlbd_StatementOfConditionAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Statement of Condition [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_StatementOfConditionAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_StatementOfConditionAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_StatementOfConditionAbstract" xlink:to="lab_fhlbd_StatementOfConditionAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardTmgHowMnpiCnsdrdTextBlock_terseLabel_en-US" xlink:label="lab_ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Award Timing, How MNPI Considered</link:label>
    <link:label id="lab_ecd_AwardTmgHowMnpiCnsdrdTextBlock_label_en-US" xlink:label="lab_ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Timing, How MNPI Considered [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgHowMnpiCnsdrdTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:to="lab_ecd_AwardTmgHowMnpiCnsdrdTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_MortgagesMember_019d215e-2961-77ce-a032-93ce6a8c944e_terseLabel_en-US" xlink:label="lab_us-gaap_MortgagesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgages [Member]</link:label>
    <link:label id="lab_us-gaap_MortgagesMember_label_en-US" xlink:label="lab_us-gaap_MortgagesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgages [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgagesMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgagesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgagesMember" xlink:to="lab_us-gaap_MortgagesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_BasisSwapMember_019d215e-2961-77ea-af15-3cdbc5c10dd3_terseLabel_en-US" xlink:label="lab_us-gaap_BasisSwapMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Counterparty exposure [Member]</link:label>
    <link:label id="lab_us-gaap_BasisSwapMember_label_en-US" xlink:label="lab_us-gaap_BasisSwapMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Basis Swap [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_BasisSwapMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_BasisSwapMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_BasisSwapMember" xlink:to="lab_us-gaap_BasisSwapMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_019d215e-29eb-7b17-b983-7af1933cf709_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable_label_en-US" xlink:label="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:to="lab_us-gaap_ScheduleOfTradingSecuritiesAndOtherTradingAssetsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_019d215e-2961-7c4c-a1a1-ba234ad6c639_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INVESTING ACTIVITIES</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PvpTable_terseLabel_en-US" xlink:label="lab_ecd_PvpTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pay vs Performance Disclosure</link:label>
    <link:label id="lab_ecd_PvpTable_label_en-US" xlink:label="lab_ecd_PvpTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pay vs Performance Disclosure [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PvpTable" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PvpTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PvpTable" xlink:to="lab_ecd_PvpTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_VoluntaryGrantsAndDonations_019d215e-2961-736f-aa28-3cdfb54c9e83_terseLabel_en-US" xlink:label="lab_fhlbd_VoluntaryGrantsAndDonations" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AHP Voluntary Contribution</link:label>
    <link:label id="lab_fhlbd_VoluntaryGrantsAndDonations_label_en-US" xlink:label="lab_fhlbd_VoluntaryGrantsAndDonations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Voluntary Grants and Donations</link:label>
    <link:label id="lab_fhlbd_VoluntaryGrantsAndDonations_documentation_en-US" xlink:label="lab_fhlbd_VoluntaryGrantsAndDonations" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Voluntary Grants and Donations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_VoluntaryGrantsAndDonations" xlink:href="fhlbd-20260331.xsd#fhlbd_VoluntaryGrantsAndDonations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_VoluntaryGrantsAndDonations" xlink:to="lab_fhlbd_VoluntaryGrantsAndDonations" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestReceivable_019d215e-2961-7f53-a54b-14917102e7e1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestReceivable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest receivable (Note 8)</link:label>
    <link:label id="lab_us-gaap_InterestReceivable_019d215e-2961-7451-bd45-fbc462e9048c_verboseLabel_en-US" xlink:label="lab_us-gaap_InterestReceivable" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest receivable</link:label>
    <link:label id="lab_us-gaap_InterestReceivable_label_en-US" xlink:label="lab_us-gaap_InterestReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Receivable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestReceivable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestReceivable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestReceivable" xlink:to="lab_us-gaap_InterestReceivable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock_019d215e-29eb-70ec-822c-554160114f37_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Loans from Other Federal Home Loan Banks [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock_label_en-US" xlink:label="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Loans from Other Federal Home Loan Banks [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Loans from Other Federal Home Loan Banks [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:to="lab_fhlbd_ScheduleOfLoansFromOtherFederalHomeLoanBanksTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_019d215e-29ea-7a6b-9c95-6d7a4a87399e_negatedLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Amortization of net actuarial gain</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Amortization of Gain (Loss)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:to="lab_us-gaap_DefinedBenefitPlanAmortizationOfGainsLosses" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherLiabilities_019d215e-2961-7e9f-85c5-0c562de069ff_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Other liabilities (Note 4)</link:label>
    <link:label id="lab_us-gaap_OtherLiabilities_label_en-US" xlink:label="lab_us-gaap_OtherLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherLiabilities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherLiabilities" xlink:to="lab_us-gaap_OtherLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember_019d215e-2961-722f-9632-7f83fb026247_terseLabel_en-US" xlink:label="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Earlier of Contractual Maturity or Next Call Date [Member]</link:label>
    <link:label id="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember_label_en-US" xlink:label="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Earlier of Contractual Maturity or Next Call Date [Member]</link:label>
    <link:label id="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember_documentation_en-US" xlink:label="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Earlier of Contractual Maturity or Next Call Date [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:href="fhlbd-20260331.xsd#fhlbd_EarlierOfContractualMaturityOrNextCallDateMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:to="lab_fhlbd_EarlierOfContractualMaturityOrNextCallDateMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AccruedInterestReceivableAbstract_019d215e-29ea-774f-b61f-4807e530cc3a_terseLabel_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable [Abstract]</link:label>
    <link:label id="lab_fhlbd_AccruedInterestReceivableAbstract_label_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable [Abstract]</link:label>
    <link:label id="lab_fhlbd_AccruedInterestReceivableAbstract_documentation_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AccruedInterestReceivableAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_AccruedInterestReceivableAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AccruedInterestReceivableAbstract" xlink:to="lab_fhlbd_AccruedInterestReceivableAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts_019d215e-2961-77d7-9e64-75008beb1f69_terseLabel_en-US" xlink:label="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Net Deferred Loan Costs</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts_label_en-US" xlink:label="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Net Deferred Loan Costs</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts_documentation_en-US" xlink:label="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflects the cumulative amount of deferred loan costs and fees that are being amortized into income as an adjustment to yield.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:href="fhlbd-20260331.xsd#fhlbd_FinancingReceivableNetDeferredLoanCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:to="lab_fhlbd_FinancingReceivableNetDeferredLoanCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_RealEstateLoanMember_019d215e-29eb-71b9-a13c-55a6fdb05a06_terseLabel_en-US" xlink:label="lab_us-gaap_RealEstateLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Real Estate Loan [Member]</link:label>
    <link:label id="lab_us-gaap_RealEstateLoanMember_label_en-US" xlink:label="lab_us-gaap_RealEstateLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Real Estate Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RealEstateLoanMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RealEstateLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RealEstateLoanMember" xlink:to="lab_us-gaap_RealEstateLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DepositsDomestic_019d215e-2961-76d6-b99c-8be3daa9dba2_terseLabel_en-US" xlink:label="lab_us-gaap_DepositsDomestic" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Deposits (including $38 of non-interest bearing deposits at March&#160;31, 2026 and December&#160;31, 2025)</link:label>
    <link:label id="lab_us-gaap_DepositsDomestic_label_en-US" xlink:label="lab_us-gaap_DepositsDomestic" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deposits, Domestic</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DepositsDomestic" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DepositsDomestic"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DepositsDomestic" xlink:to="lab_us-gaap_DepositsDomestic" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_019d215e-29eb-7873-b299-af869b366437_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Net increase in interest-bearing deposits, including swap collateral pledged</link:label>
    <link:label id="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks_label_en-US" xlink:label="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from (Payments for) in Interest-Bearing Deposits in Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:to="lab_us-gaap_ProceedsFromPaymentsForInInterestBearingDepositsInBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_019d215e-2961-780c-8730-3d57896e28cb_terseLabel_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Supplemental Disclosures:</link:label>
    <link:label id="lab_us-gaap_SupplementalCashFlowInformationAbstract_label_en-US" xlink:label="lab_us-gaap_SupplementalCashFlowInformationAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Supplemental Cash Flow Information [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SupplementalCashFlowInformationAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SupplementalCashFlowInformationAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SupplementalCashFlowInformationAbstract" xlink:to="lab_us-gaap_SupplementalCashFlowInformationAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_019d215e-29eb-76a8-96a0-bd5c49603b31_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Amortized Cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_019d215e-29eb-72c9-8e6e-ca06f7389f8c_totalLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Amortized Cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:to="lab_us-gaap_AvailableForSaleDebtSecuritiesAmortizedCostBasis" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_OtherPerfMeasureAmt_terseLabel_en-US" xlink:label="lab_ecd_OtherPerfMeasureAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Performance Measure, Amount</link:label>
    <link:label id="lab_ecd_OtherPerfMeasureAmt_label_en-US" xlink:label="lab_ecd_OtherPerfMeasureAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Performance Measure, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_OtherPerfMeasureAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_OtherPerfMeasureAmt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_OtherPerfMeasureAmt" xlink:to="lab_ecd_OtherPerfMeasureAmt" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit_019d215e-2961-7c9a-87ec-3a5672f40675_terseLabel_en-US" xlink:label="lab_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Weighted Average Interest Rate on Overdrawn Demand Deposit</link:label>
    <link:label id="lab_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit_label_en-US" xlink:label="lab_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Weighted Average Interest Rate on Overdrawn Demand Deposit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit" xlink:to="lab_us-gaap_WeightedAverageInterestRateOnOverdrawnDemandDeposit" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_019d215e-2961-71b0-a2d8-ec5297da7290_terseLabel_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US government agency and GSE mortgage-backed securities[Member]</link:label>
    <link:label id="lab_us-gaap_USTreasuryAndGovernmentMember_label_en-US" xlink:label="lab_us-gaap_USTreasuryAndGovernmentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">US Treasury and Government [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_USTreasuryAndGovernmentMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_USTreasuryAndGovernmentMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_USTreasuryAndGovernmentMember" xlink:to="lab_us-gaap_USTreasuryAndGovernmentMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_019d215e-29eb-7394-968c-6121ab381541_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Debt issuance costs</link:label>
    <link:label id="lab_us-gaap_PaymentsOfDebtIssuanceCosts_label_en-US" xlink:label="lab_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments of Debt Issuance Costs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsOfDebtIssuanceCosts"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:to="lab_us-gaap_PaymentsOfDebtIssuanceCosts" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees_019d215e-2961-72f6-aa1b-1799b5a9fb66_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Commitment Fees</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Commitment Fees</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesCommitmentFees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesCommitmentFees" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_019d215e-2961-7efb-9eb6-9b7f05f7b672_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument Risk [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_019d215e-2961-7864-a086-1cf3556e8326_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:label id="lab_us-gaap_DerivativeInstrumentRiskAxis_label_en-US" xlink:label="lab_us-gaap_DerivativeInstrumentRiskAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Instrument [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeInstrumentRiskAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeInstrumentRiskAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeInstrumentRiskAxis" xlink:to="lab_us-gaap_DerivativeInstrumentRiskAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602_019d215e-2961-711e-ace5-0fcaa6a15a12_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Right-of-use assets and lease liabilities due to the adoption of ASU2016-02</link:label>
    <link:label id="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602_label_en-US" xlink:label="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Right-of-use assets and lease liabilities due to the adoption of ASU2016-02</link:label>
    <link:label id="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602_documentation_en-US" xlink:label="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Right-of-use assets and lease liabilities due to the adoption of ASU2016-02</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:href="fhlbd-20260331.xsd#fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:to="lab_fhlbd_RightofuseassetsandleaseliabilitiesduetotheadoptionofASU201602" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend_019d215e-29eb-7309-9735-933120ff42ef_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, Stock Dividend</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueStockDividend"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueStockDividend" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityDomain_019d215e-2961-71f2-a488-a7d5ae51ce29_terseLabel_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:label id="lab_dei_EntityDomain_label_en-US" xlink:label="lab_dei_EntityDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityDomain" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityDomain" xlink:to="lab_dei_EntityDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_019d215e-29eb-7a19-a9a6-974b9ce193ad_totalLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net cash provided by investing activities</link:label>
    <link:label id="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities_label_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Provided by (Used in) Investing Activity, Including Discontinued Operation</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NetCashProvidedByUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:to="lab_us-gaap_NetCashProvidedByUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember_terseLabel_en-US" xlink:label="lab_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table</link:label>
    <link:label id="lab_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember_label_en-US" xlink:label="lab_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember" xlink:to="lab_ecd_AggtChngPnsnValInSummryCompstnTblForAplblYrMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet_019d215e-2961-729d-adc9-49cd0a1774a4_terseLabel_en-US" xlink:label="lab_us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesTableTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesTableTextBlock"/>
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    <link:label id="lab_us-gaap_ComprehensiveIncomeNoteTextBlock_label_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Comprehensive Income (Loss) Note [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ComprehensiveIncomeNoteTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ComprehensiveIncomeNoteTextBlock"/>
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    <link:label id="lab_us-gaap_LoansToOtherFederalHomeLoanBanks_019d215e-2961-7972-af3d-8c60bbb36684_periodStartLabel_en-US" xlink:label="lab_us-gaap_LoansToOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Loans to other FHLBanks, Beginning of period</link:label>
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    <link:label id="lab_ecd_TrdArrDuration_terseLabel_en-US" xlink:label="lab_ecd_TrdArrDuration" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Arrangement Duration</link:label>
    <link:label id="lab_ecd_TrdArrDuration_label_en-US" xlink:label="lab_ecd_TrdArrDuration" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement Duration</link:label>
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    <link:label id="lab_us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock_019d215e-29ea-7c32-be60-55820c181998_terseLabel_en-US" xlink:label="lab_us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI</link:label>
    <link:label id="lab_us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock_label_en-US" xlink:label="lab_us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Trading, and Equity Securities, FV-NI [Table Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_TradingSecuritiesAndCertainTradingAssetsTextBlock"/>
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    <link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_019d215e-29eb-7978-ac0a-2bc9a51cecea_terseLabel_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments for Change in Accounting Principle [Domain]</link:label>
    <link:label id="lab_us-gaap_ChangeInAccountingPrincipleMember_label_en-US" xlink:label="lab_us-gaap_ChangeInAccountingPrincipleMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Change in Accounting Principle, Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ChangeInAccountingPrincipleMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ChangeInAccountingPrincipleMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ChangeInAccountingPrincipleMember" xlink:to="lab_us-gaap_ChangeInAccountingPrincipleMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_IncreaseDecreaseInAffordableHousingProgramLiability_019d215e-2961-709d-bf79-672801e6f250_terseLabel_en-US" xlink:label="lab_fhlbd_IncreaseDecreaseInAffordableHousingProgramLiability" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Increase (decrease) in Affordable Housing Program (AHP)&#160;liability</link:label>
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    <link:label id="lab_fhlbd_IncreaseDecreaseInAffordableHousingProgramLiability_documentation_en-US" xlink:label="lab_fhlbd_IncreaseDecreaseInAffordableHousingProgramLiability" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Decrease in Affordable Housing Program (AHP) liability</link:label>
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    <link:label id="lab_fhlbd_DerivativeAssetCollateralObligationToReturnReclaimCashOffset_documentation_en-US" xlink:label="lab_fhlbd_DerivativeAssetCollateralObligationToReturnReclaimCashOffset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">DerivativeAssetCollateralObligationToReturnReclaimCashOffset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativeAssetCollateralObligationToReturnReclaimCashOffset" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativeAssetCollateralObligationToReturnReclaimCashOffset"/>
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    <link:label id="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance_019d215e-2961-72d0-9c7e-04c22297a7bd_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances Funded Under Special Advances Program Remaining Balance</link:label>
    <link:label id="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance_label_en-US" xlink:label="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances Funded Under Special Advances Program Remaining Balance</link:label>
    <link:label id="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance_documentation_en-US" xlink:label="lab_fhlbd_AdvancesFundedUnderSpecialAdvancesProgramRemainingBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances Funded Under Special Advances Program Remaining Balance</link:label>
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    <link:label id="lab_dei_LocalPhoneNumber_019d215e-2961-7adf-9bcb-b32b5ec001cc_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
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    <link:label id="lab_ecd_Additional402vDisclosureTextBlock_terseLabel_en-US" xlink:label="lab_ecd_Additional402vDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Additional 402(v) Disclosure</link:label>
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    <link:label id="lab_fhlbd_ProceedsFromFederalHomeLoanBankLoans_019d215e-2961-7f3f-bef0-6db16bbe9b81_terseLabel_en-US" xlink:label="lab_fhlbd_ProceedsFromFederalHomeLoanBankLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from Federal Home Loan Bank Loans</link:label>
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    <link:label id="lab_us-gaap_AssetsAbstract_019d215e-2961-7a61-8f27-a33da1926c28_terseLabel_en-US" xlink:label="lab_us-gaap_AssetsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">ASSETS</link:label>
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    <link:label id="lab_us-gaap_OtherContractMember_019d215e-2961-7043-99f5-7753b8d484ab_terseLabel_en-US" xlink:label="lab_us-gaap_OtherContractMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Contract [Member]</link:label>
    <link:label id="lab_us-gaap_OtherContractMember_label_en-US" xlink:label="lab_us-gaap_OtherContractMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Contract [Member]</link:label>
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    <link:label id="lab_ecd_UndrlygSecurityMktPriceChngPct_terseLabel_en-US" xlink:label="lab_ecd_UndrlygSecurityMktPriceChngPct" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Underlying Security Market Price Change</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentAxis"/>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainsLossesOnExtinguishmentOfDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:to="lab_us-gaap_GainsLossesOnExtinguishmentOfDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_019d215e-29eb-714b-9597-43ba9ff08b8d_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">CAPITAL (Note 14)</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityAbstract_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity, Attributable to Parent [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityAbstract" xlink:to="lab_us-gaap_StockholdersEquityAbstract" xlink:type="arc" order="1"/>
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    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive (Income) Loss, Defined Benefit Plan, before Reclassification Adjustment and Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsAndTax" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_019d215e-29ea-7613-b2e0-294f3410d384_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Asset, 30 to 59 Days Past Due [Member]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset, 30 to 59 Days Past Due [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivables30To59DaysPastDueMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivables30To59DaysPastDueMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivables30To59DaysPastDueMember" xlink:to="lab_us-gaap_FinancingReceivables30To59DaysPastDueMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification_019d215e-2961-70ca-bf13-ff10fb6001d8_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program 2020 Modification</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification_label_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program 2020 Modification</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program 2020 Modification</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:to="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram2020Modification" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_EntityVoluntaryFilers_019d215e-2961-76e3-9776-47f778daebe8_terseLabel_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:label id="lab_dei_EntityVoluntaryFilers_label_en-US" xlink:label="lab_dei_EntityVoluntaryFilers" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Voluntary Filers</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityVoluntaryFilers" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityVoluntaryFilers"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityVoluntaryFilers" xlink:to="lab_dei_EntityVoluntaryFilers" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis_019d215e-2961-726c-83e4-b7f3a1e33d69_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Axis]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis_label_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Axis]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions by Counterparty [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:to="lab_fhlbd_ScheduleOfOtherTransactionsByCounterpartyAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract_019d215e-29ea-7a89-897b-f9fe8600701d_terseLabel_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks [Abstract]</link:label>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract_label_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks [Abstract]</link:label>
    <link:label id="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract_documentation_en-US" xlink:label="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transactions with Other FHLBanks [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_TransactionsWithOtherFhlbanksAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:to="lab_fhlbd_TransactionsWithOtherFhlbanksAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FederalFundsSoldMember_019d215e-29eb-7d32-b393-cae834059d7d_terseLabel_en-US" xlink:label="lab_fhlbd_FederalFundsSoldMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Funds Sold [Member]</link:label>
    <link:label id="lab_fhlbd_FederalFundsSoldMember_label_en-US" xlink:label="lab_fhlbd_FederalFundsSoldMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Funds Sold [Member]</link:label>
    <link:label id="lab_fhlbd_FederalFundsSoldMember_documentation_en-US" xlink:label="lab_fhlbd_FederalFundsSoldMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Funds Sold [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalFundsSoldMember" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalFundsSoldMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FederalFundsSoldMember" xlink:to="lab_fhlbd_FederalFundsSoldMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_019d215e-2960-7013-9e34-f836db88a417_terseLabel_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Held-to-maturity Securities, Debt Maturities, After Five Through Ten Years, Net Carrying Amount</link:label>
    <link:label id="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount_label_en-US" xlink:label="lab_us-gaap_HeldToMaturitySecuritiesDebtMaturitiesAfterFiveThroughTenYearsNetCarryingAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date, after Year 5 through 10</link:label>
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    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram_019d215e-29eb-7bc9-9a2b-3d90dbf71a48_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram_label_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program</link:label>
    <link:label id="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based % Requirement, Special Advances Program</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedRequirementSpecialAdvancesProgram"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:to="lab_fhlbd_ActivityBasedRequirementSpecialAdvancesProgram" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_019d215e-29eb-70e0-9575-4d9634bdad1d_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Asset, Fair Value, Gross Asset</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeAsset_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Subject to Master Netting Arrangement, before Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeAsset" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeFairValueOfDerivativeAsset"/>
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    <link:label id="lab_us-gaap_RetainedEarningsAppropriatedMember_019d215e-29ea-7b6e-8d5e-74faa5bb5ed8_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAppropriatedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retained Earnings, Restricted</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAppropriatedMember_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAppropriatedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings, Appropriated [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsAppropriatedMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsAppropriatedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAppropriatedMember" xlink:to="lab_us-gaap_RetainedEarningsAppropriatedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedPremiums_019d215e-2961-7c59-9fc5-bf6f3a8d81ff_terseLabel_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedPremiums" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Unamortized Premiums</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedPremiums_label_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedPremiums" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Unamortized Premiums</link:label>
    <link:label id="lab_fhlbd_FinancingReceivableUnamortizedPremiums_documentation_en-US" xlink:label="lab_fhlbd_FinancingReceivableUnamortizedPremiums" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflects the cumulative amount of premiums over the face amount of loans that are being amortized into income as an adjustment to yield</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FinancingReceivableUnamortizedPremiums" xlink:href="fhlbd-20260331.xsd#fhlbd_FinancingReceivableUnamortizedPremiums"/>
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    <link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity_019d215e-2961-78af-a422-1afabeacf2c6_terseLabel_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Held-to-maturity securities</link:label>
    <link:label id="lab_us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity_label_en-US" xlink:label="lab_us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income, Debt Securities, Held-to-Maturity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestAndDividendIncomeSecuritiesHeldToMaturity"/>
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    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen_019d215e-29eb-7411-8532-2696e72e5653_terseLabel_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Weighted Average Interest Rate, Maturing after Rolling Year Fifteen</link:label>
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    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Weighted Average Interest Rate, Maturing after Rolling Year Fifteen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalHomeLoanBankAdvancesWeightedAverageInterestRateMaturingAfterRollingYearFifteen"/>
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    <link:label id="lab_dei_EntityRegistrantName_019d215e-2961-771b-a683-4df2ebf2a9da_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_label_en-US" xlink:label="lab_dei_EntityRegistrantName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_EntityRegistrantName" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_EntityRegistrantName"/>
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    <link:label id="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_019dbfdf-6fda-7b72-98d8-fe345677bfd4_verboseLabel_en-US" xlink:label="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Cash Flow Hedge Gain (Loss) to be Reclassified within Twelve Months</link:label>
    <link:label id="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths_label_en-US" xlink:label="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cash Flow Hedge Gain (Loss) to be Reclassified within 12 Months</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:to="lab_us-gaap_CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_StkPrcOrTsrEstimationMethodTextBlock_terseLabel_en-US" xlink:label="lab_ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stock Price or TSR Estimation Method</link:label>
    <link:label id="lab_ecd_StkPrcOrTsrEstimationMethodTextBlock_label_en-US" xlink:label="lab_ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Price or TSR Estimation Method [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_StkPrcOrTsrEstimationMethodTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:to="lab_ecd_StkPrcOrTsrEstimationMethodTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_019d215e-2961-7706-a076-c3336778038d_totalLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net periodic benefit credit</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Net Periodic Benefit Cost (Credit)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:to="lab_us-gaap_DefinedBenefitPlanNetPeriodicBenefitCost" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriated_019d215e-2961-788d-b1ea-e6f8940465e1_terseLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriated" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unrestricted</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsUnappropriated_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsUnappropriated" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings, Unappropriated</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_RetainedEarningsUnappropriated" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_RetainedEarningsUnappropriated"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsUnappropriated" xlink:to="lab_us-gaap_RetainedEarningsUnappropriated" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_PrepaymentFeesOnAdvancesReceived_019d215e-29ea-710a-ad68-3727ee8b5b2b_terseLabel_en-US" xlink:label="lab_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gross Prepayment Fees on Advances Received</link:label>
    <link:label id="lab_fhlbd_PrepaymentFeesOnAdvancesReceived_label_en-US" xlink:label="lab_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Prepayment Fees on Advances Received</link:label>
    <link:label id="lab_fhlbd_PrepaymentFeesOnAdvancesReceived_documentation_en-US" xlink:label="lab_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Prepayment Fees on Advances Received</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:href="fhlbd-20260331.xsd#fhlbd_PrepaymentFeesOnAdvancesReceived"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:to="lab_fhlbd_PrepaymentFeesOnAdvancesReceived" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsLineItems_019d215e-2961-7099-a792-73f03887465e_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Redemption Terms [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsLineItems_label_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Redemption Terms [Line Items]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyRedemptionTermsLineItems_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for Advances by Redemption Terms</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesbyRedemptionTermsLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:to="lab_fhlbd_AdvancesbyRedemptionTermsLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseOther_019d215e-29ea-7e6e-8a24-feaa501f1951_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOther" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other borrowings</link:label>
    <link:label id="lab_us-gaap_InterestExpenseOther_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOther" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Other</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseOther" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseOther"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseOther" xlink:to="lab_us-gaap_InterestExpenseOther" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_019d215e-2960-740f-be5f-260d6713b446_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Rolling Year Two</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Debt, Maturities, Repayments of Principal in Rolling Year Two</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:to="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure_019d215e-28a1-7688-a80c-41ad13169dd4_terseLabel_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure_label_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:to="lab_fhlbd_FederalHomeLoanBankAdvancesFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks_019d215e-2961-7e8d-acca-64d5e4f96874_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense, Loans from Other Federal Home Loan Banks</link:label>
    <link:label id="lab_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks_label_en-US" xlink:label="lab_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Loans from Other Federal Home Loan Banks</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks" xlink:to="lab_us-gaap_InterestExpenseLoansFromOtherFederalHomeLoanBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain_019d215e-2961-7e47-81aa-ce29c8729615_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions, Counterparty [Domain]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain_label_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions, Counterparty [Domain]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions, Counterparty [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:to="lab_fhlbd_ScheduleOfOtherTransactionsCounterpartyDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalFundsSold_019d215e-29ea-7d95-8a33-60582cb23971_terseLabel_en-US" xlink:label="lab_us-gaap_FederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal funds sold (Notes 8 and 9)</link:label>
    <link:label id="lab_us-gaap_FederalFundsSold_label_en-US" xlink:label="lab_us-gaap_FederalFundsSold" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Funds Sold</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalFundsSold" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalFundsSold"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalFundsSold" xlink:to="lab_us-gaap_FederalFundsSold" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_RestatementDomain_019d215e-2961-709c-b416-0953f40ebe24_terseLabel_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement [Domain]</link:label>
    <link:label id="lab_srt_RestatementDomain_label_en-US" xlink:label="lab_srt_RestatementDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Revision of Prior Period [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_RestatementDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_RestatementDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_RestatementDomain" xlink:to="lab_srt_RestatementDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsTable_019d215e-29eb-7477-99fe-fa72b2e4ec22_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Table]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsTable_label_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Table]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfOtherTransactionsTable_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfOtherTransactionsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Other Transactions [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfOtherTransactionsTable" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfOtherTransactionsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfOtherTransactionsTable" xlink:to="lab_fhlbd_ScheduleOfOtherTransactionsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral_019d215e-2961-711f-b01c-3d9b69407dd8_totalLabel_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Amount Not Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Amount Not Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral_documentation_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Offsetting Assets, Amount Not Offset Against Collateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:href="fhlbd-20260331.xsd#fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:to="lab_fhlbd_OffsettingAssetsAmountNotOffsetAgainstCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_019d215e-29eb-7278-baef-78158d895bdf_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net premiums and discounts on advances, consolidated obligations, investments and mortgage loans</link:label>
    <link:label id="lab_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments_label_en-US" xlink:label="lab_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accretion (Amortization) of Discounts and Premiums, Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:to="lab_us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_019d215e-2960-75c6-986e-a0d180faabe8_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest cost</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanInterestCost_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanInterestCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Interest Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanInterestCost" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanInterestCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanInterestCost" xlink:to="lab_us-gaap_DefinedBenefitPlanInterestCost" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionAxis_019d215e-28a1-725b-ad29-e146b157b079_terseLabel_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Axis]</link:label>
    <link:label id="lab_srt_CumulativeEffectPeriodOfAdoptionAxis_label_en-US" xlink:label="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cumulative Effect, Period of Adoption [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_CumulativeEffectPeriodOfAdoptionAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:to="lab_srt_CumulativeEffectPeriodOfAdoptionAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_RestatementDateAxis_terseLabel_en-US" xlink:label="lab_ecd_RestatementDateAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Restatement Determination Date:</link:label>
    <link:label id="lab_ecd_RestatementDateAxis_label_en-US" xlink:label="lab_ecd_RestatementDateAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Restatement Determination Date [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_RestatementDateAxis" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_RestatementDateAxis"/>
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    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen_label_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary in Rolling Year Six Through Rolling Year Fifteen</link:label>
    <link:label id="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen_documentation_en-US" xlink:label="lab_fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Maturities Summary in Rolling Year Six Through Rolling Year Fifteen</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen" xlink:href="fhlbd-20260331.xsd#fhlbd_FederalHomeLoanBankAdvancesMaturitiesSummaryInRollingYearSixThroughRollingYearFifteen"/>
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    <link:label id="lab_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable_label_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Obligations by Contractual Maturity or Next Call Date [Table]</link:label>
    <link:label id="lab_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable_documentation_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Consolidated Obligations by Contractual Maturity or Next Call Date [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable" xlink:href="fhlbd-20260331.xsd#fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable" xlink:to="lab_fhlbd_ConsolidatedObligationsbyContractualMaturityorNextCallDateTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_019d215e-29eb-76e7-a877-9402d385e6a3_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:label id="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable_label_en-US" xlink:label="lab_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Other Comprehensive Income (Loss) [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedOtherComprehensiveIncomeLossTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedOtherComprehensiveIncomeLossTable"/>
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    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances_019d215e-29ea-72d9-85bb-fd60b2b5feae_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances_label_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:to="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_CanopyLoanMember_019d215e-29eb-7663-bbd1-a5a3c9a49480_terseLabel_en-US" xlink:label="lab_fhlbd_CanopyLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Canopy Loan</link:label>
    <link:label id="lab_fhlbd_CanopyLoanMember_label_en-US" xlink:label="lab_fhlbd_CanopyLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Canopy Loan [Member]</link:label>
    <link:label id="lab_fhlbd_CanopyLoanMember_documentation_en-US" xlink:label="lab_fhlbd_CanopyLoanMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Canopy Loan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CanopyLoanMember" xlink:href="fhlbd-20260331.xsd#fhlbd_CanopyLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_CanopyLoanMember" xlink:to="lab_fhlbd_CanopyLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_019d215e-2961-7557-b3fc-9b329bc4fddd_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling after Five Through Ten Years, Amortized Cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling after 5 through 10 Years, Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesRollingYearSixThroughTenAmortizedCostBasis"/>
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    <link:label id="lab_ecd_TrdArrIndName_terseLabel_en-US" xlink:label="lab_ecd_TrdArrIndName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name</link:label>
    <link:label id="lab_ecd_TrdArrIndName_label_en-US" xlink:label="lab_ecd_TrdArrIndName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement, Individual Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TrdArrIndName" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrIndName"/>
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    <link:label id="lab_fhlbd_VariableRateSOFRMember_019d215e-29eb-7da9-b02c-24feaf013aed_terseLabel_en-US" xlink:label="lab_fhlbd_VariableRateSOFRMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate SOFR</link:label>
    <link:label id="lab_fhlbd_VariableRateSOFRMember_label_en-US" xlink:label="lab_fhlbd_VariableRateSOFRMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate SOFR [Member]</link:label>
    <link:label id="lab_fhlbd_VariableRateSOFRMember_documentation_en-US" xlink:label="lab_fhlbd_VariableRateSOFRMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Rate SOFR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_VariableRateSOFRMember" xlink:href="fhlbd-20260331.xsd#fhlbd_VariableRateSOFRMember"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankConsolidatedObligations_019d215e-2961-7f29-a00b-4c421eb3bb76_totalLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankConsolidatedObligations" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total consolidated obligations</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankConsolidatedObligations_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankConsolidatedObligations" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Consolidated Obligations</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankConsolidatedObligations" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankConsolidatedObligations"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankConsolidatedObligations" xlink:to="lab_us-gaap_FederalHomeLoanBankConsolidatedObligations" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_019d215e-29ea-7ebb-8ed9-4e087ab4342f_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Short-term Debt [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfShortTermDebtTable_label_en-US" xlink:label="lab_us-gaap_ScheduleOfShortTermDebtTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Debt [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfShortTermDebtTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfShortTermDebtTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfShortTermDebtTable" xlink:to="lab_us-gaap_ScheduleOfShortTermDebtTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_019d215e-29eb-7903-88e6-90401726b20a_terseLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentFaceAmount_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFaceAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Face Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentFaceAmount" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentFaceAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFaceAmount" xlink:to="lab_us-gaap_DebtInstrumentFaceAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear_019d215e-29ea-769c-9277-958936f0be4d_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Fixed Rate, after One Year</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advance, Fixed Rate, after Year One</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesFixedRateAfterOneYear"/>
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    <link:label id="lab_us-gaap_RepaymentsOfMandatoryRedeemableCapitalSecurities_019d215e-29eb-7147-bfcd-4baaac45f56c_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_RepaymentsOfMandatoryRedeemableCapitalSecurities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments for redemption of mandatorily redeemable capital stock</link:label>
    <link:label id="lab_us-gaap_RepaymentsOfMandatoryRedeemableCapitalSecurities_label_en-US" xlink:label="lab_us-gaap_RepaymentsOfMandatoryRedeemableCapitalSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Repayments of Mandatory Redeemable Capital Securities</link:label>
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    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_019d215e-29eb-73ea-9378-034f8be428c4_terseLabel_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:label id="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract_label_en-US" xlink:label="lab_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement of Comprehensive Income [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract"/>
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    <link:label id="lab_ecd_AwardsCloseToMnpiDiscIndName_terseLabel_en-US" xlink:label="lab_ecd_AwardsCloseToMnpiDiscIndName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name</link:label>
    <link:label id="lab_ecd_AwardsCloseToMnpiDiscIndName_label_en-US" xlink:label="lab_ecd_AwardsCloseToMnpiDiscIndName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Awards Close in Time to MNPI Disclosures, Individual Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardsCloseToMnpiDiscIndName" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardsCloseToMnpiDiscIndName"/>
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    <link:label id="lab_fhlbd_ContractualMaturityMember_019d215e-29ea-7eb6-b347-8d33fcaf5d43_terseLabel_en-US" xlink:label="lab_fhlbd_ContractualMaturityMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Contractual Maturity [Member]</link:label>
    <link:label id="lab_fhlbd_ContractualMaturityMember_label_en-US" xlink:label="lab_fhlbd_ContractualMaturityMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Contractual Maturity [Member]</link:label>
    <link:label id="lab_fhlbd_ContractualMaturityMember_documentation_en-US" xlink:label="lab_fhlbd_ContractualMaturityMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Contractual Maturity [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ContractualMaturityMember" xlink:href="fhlbd-20260331.xsd#fhlbd_ContractualMaturityMember"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalActual_019d215e-2961-761e-91ae-d92af84936f6_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalActual" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Regulatory Capital, Actual</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalActual_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankRegulatoryCapitalActual" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Regulatory Capital, Actual</link:label>
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    <link:label id="lab_fhlbd_OffsettingAssetsAndLiabilitiesTableTextBlock_label_en-US" xlink:label="lab_fhlbd_OffsettingAssetsAndLiabilitiesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Offsetting Assets and Liabilities [Table Text Block]</link:label>
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    <link:label id="lab_fhlbd_HedgedItemTypeDomain_label_en-US" xlink:label="lab_fhlbd_HedgedItemTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Item Type [Domain]</link:label>
    <link:label id="lab_fhlbd_HedgedItemTypeDomain_documentation_en-US" xlink:label="lab_fhlbd_HedgedItemTypeDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedged Item Type [Domain]</link:label>
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    <link:label id="lab_us-gaap_InterestExpenseAbstract_019d215e-2960-7a56-91ce-e92e992f01f1_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">INTEREST EXPENSE</link:label>
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    <link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_019d215e-29ea-7a71-94ee-c6f529b6178d_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Liability, Fair Value, Gross Asset</link:label>
    <link:label id="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset_label_en-US" xlink:label="lab_us-gaap_DerivativeLiabilityFairValueGrossAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Subject to Master Netting Arrangement, Asset Offset</link:label>
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    <link:label id="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt_019d215e-29ea-7e67-a922-3296ae287c5e_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of available-for-sale securities</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt"/>
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    <link:label id="lab_us-gaap_ComprehensiveIncomeLossNetOfFederalHomeLoanBankAssessmentsAttributableToParent_019d215e-2960-7518-a7c6-8940767e3006_totalLabel_en-US" xlink:label="lab_us-gaap_ComprehensiveIncomeLossNetOfFederalHomeLoanBankAssessmentsAttributableToParent" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">TOTAL COMPREHENSIVE INCOME</link:label>
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    <link:label id="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember_019d215e-29ea-7b84-b9cb-cf14d2c4d99e_terseLabel_en-US" xlink:label="lab_us-gaap_USStatesAndPoliticalSubdivisionsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">US States and Political Subdivisions Debt Securities [Member]</link:label>
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    <link:label id="lab_us-gaap_InterestPayableCurrentAndNoncurrent_019d215e-2961-7377-940a-9eabf766c4bc_terseLabel_en-US" xlink:label="lab_us-gaap_InterestPayableCurrentAndNoncurrent" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued interest payable</link:label>
    <link:label id="lab_us-gaap_InterestPayableCurrentAndNoncurrent_label_en-US" xlink:label="lab_us-gaap_InterestPayableCurrentAndNoncurrent" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Payable</link:label>
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    <link:label id="lab_ecd_AllExecutiveCategoriesMember_terseLabel_en-US" xlink:label="lab_ecd_AllExecutiveCategoriesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Executive Categories</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CommitmentsAndContingencies" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CommitmentsAndContingencies"/>
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    <link:label id="lab_fhlbd_TheincreasedecreaseinotherincomeanddecreaseincreaseinnetinterestincomeduetotheadoptionofASU201712_label_en-US" xlink:label="lab_fhlbd_TheincreasedecreaseinotherincomeanddecreaseincreaseinnetinterestincomeduetotheadoptionofASU201712" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">The increase (decrease) in other income and decrease (increase) in net interest income due to the adoption of ASU2017-12</link:label>
    <link:label id="lab_fhlbd_TheincreasedecreaseinotherincomeanddecreaseincreaseinnetinterestincomeduetotheadoptionofASU201712_documentation_en-US" xlink:label="lab_fhlbd_TheincreasedecreaseinotherincomeanddecreaseincreaseinnetinterestincomeduetotheadoptionofASU201712" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">The increase (decrease) in other income and decrease (increase) in net interest income due to the adoption of ASU2017-12</link:label>
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    <link:label id="lab_us-gaap_ExchangeClearedMember_019d215e-2961-7cd0-b0de-7b4c76a4305d_terseLabel_en-US" xlink:label="lab_us-gaap_ExchangeClearedMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Exchange Cleared [Member]</link:label>
    <link:label id="lab_us-gaap_ExchangeClearedMember_label_en-US" xlink:label="lab_us-gaap_ExchangeClearedMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Exchange Cleared [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ExchangeClearedMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ExchangeClearedMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExchangeClearedMember" xlink:to="lab_us-gaap_ExchangeClearedMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_019d215e-2961-76f0-93bb-a65d9a5958e3_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements or Change in Accounting Principle [Table]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update and Change in Accounting Principle [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:to="lab_us-gaap_NewAccountingPronouncementsOrChangeInAccountingPrincipleTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestIncomeMember_019d215e-29eb-7f09-8aa1-965484245036_terseLabel_en-US" xlink:label="lab_us-gaap_InterestIncomeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Income [Member]</link:label>
    <link:label id="lab_us-gaap_InterestIncomeMember_label_en-US" xlink:label="lab_us-gaap_InterestIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Income [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestIncomeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestIncomeMember" xlink:to="lab_us-gaap_InterestIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_MortgageLoansInProcessOfForeclosureAmount_019d215e-29eb-7d2b-b81e-a99ac86dec9d_terseLabel_en-US" xlink:label="lab_us-gaap_MortgageLoansInProcessOfForeclosureAmount" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans in Process of Foreclosure, Amount</link:label>
    <link:label id="lab_us-gaap_MortgageLoansInProcessOfForeclosureAmount_label_en-US" xlink:label="lab_us-gaap_MortgageLoansInProcessOfForeclosureAmount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans in Process of Foreclosure, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_MortgageLoansInProcessOfForeclosureAmount" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_MortgageLoansInProcessOfForeclosureAmount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_MortgageLoansInProcessOfForeclosureAmount" xlink:to="lab_us-gaap_MortgageLoansInProcessOfForeclosureAmount" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_019d215e-29eb-7791-bf56-c607277a55f7_terseLabel_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">New Accounting Pronouncements and Changes in Accounting Principles [Text Block]</link:label>
    <link:label id="lab_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock_label_en-US" xlink:label="lab_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accounting Standards Update and Change in Accounting Principle [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:to="lab_us-gaap_NewAccountingPronouncementsAndChangesInAccountingPrinciplesTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ShortTermDebtLineItems_019d215e-29eb-79d5-97bc-bf5e6f5fd9e1_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt [Line Items]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtLineItems_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Debt [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShortTermDebtLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShortTermDebtLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtLineItems" xlink:to="lab_us-gaap_ShortTermDebtLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance_019d215e-2961-7271-b6ab-8fd07df3ab64_terseLabel_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Unpaid Principal Balance</link:label>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance_label_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Unpaid Principal Balance</link:label>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance_documentation_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Reflects the aggregate unpaid principal balance of all categories of loans and leases held in portfolio</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:href="fhlbd-20260331.xsd#fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:to="lab_fhlbd_LoansAndLeasesReceivableUnpaidPrincipalBalance" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_RepurchasedSurplusStockTotal_019d215e-29eb-754c-8ae0-b06653845d5e_terseLabel_en-US" xlink:label="lab_fhlbd_RepurchasedSurplusStockTotal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Repurchased Surplus Stock, Total</link:label>
    <link:label id="lab_fhlbd_RepurchasedSurplusStockTotal_label_en-US" xlink:label="lab_fhlbd_RepurchasedSurplusStockTotal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">RepurchasedSurplusStockTotal</link:label>
    <link:label id="lab_fhlbd_RepurchasedSurplusStockTotal_documentation_en-US" xlink:label="lab_fhlbd_RepurchasedSurplusStockTotal" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">RepurchasedSurplusStockTotal</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_RepurchasedSurplusStockTotal" xlink:href="fhlbd-20260331.xsd#fhlbd_RepurchasedSurplusStockTotal"/>
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    <link:label id="lab_us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease_019d215e-29eb-748c-b825-be6a2761630e_negatedLabel_en-US" xlink:label="lab_us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)</link:label>
    <link:label id="lab_us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease_label_en-US" xlink:label="lab_us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Liability, Fair Value Hedge, Cumulative Increase (Decrease)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HedgedLiabilityFairValueHedgeCumulativeIncreaseDecrease"/>
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    <link:label id="lab_ecd_PeoActuallyPaidCompAmt_label_en-US" xlink:label="lab_ecd_PeoActuallyPaidCompAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">PEO Actually Paid Compensation Amount</link:label>
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    <link:label id="lab_us-gaap_HedgedLiabilityFairValueHedge_019d215e-2961-7dfa-8a6d-01e22cdec013_terseLabel_en-US" xlink:label="lab_us-gaap_HedgedLiabilityFairValueHedge" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged Liability, Fair Value Hedge</link:label>
    <link:label id="lab_us-gaap_HedgedLiabilityFairValueHedge_label_en-US" xlink:label="lab_us-gaap_HedgedLiabilityFairValueHedge" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Liability, Fair Value Hedge</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_HedgedLiabilityFairValueHedge" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_HedgedLiabilityFairValueHedge"/>
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    <link:label id="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember_label_en-US" xlink:label="lab_us-gaap_FinancingReceivables60To89DaysPastDueMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Asset, 60 to 89 Days Past Due [Member]</link:label>
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    <link:label id="lab_us-gaap_HedgingDesignationAxis_label_en-US" xlink:label="lab_us-gaap_HedgingDesignationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedging Designation [Axis]</link:label>
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    <link:label id="lab_us-gaap_OtherInterestAndDividendIncome_label_en-US" xlink:label="lab_us-gaap_OtherInterestAndDividendIncome" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Interest and Dividend Income</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentFairValue_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentFairValue" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentFairValue" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentFairValue"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentFairValue" xlink:to="lab_us-gaap_DebtInstrumentFairValue" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_019d215e-2961-72a3-8754-d4b05e305997_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Discount notes</link:label>
    <link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_019d215e-2961-7fe1-9e84-3569b775af7a_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Interest Expense, Other Short-term Borrowings</link:label>
    <link:label id="lab_us-gaap_InterestExpenseOtherShortTermBorrowings_label_en-US" xlink:label="lab_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Other Short-Term Borrowings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseOtherShortTermBorrowings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:to="lab_us-gaap_InterestExpenseOtherShortTermBorrowings" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_StatementScenarioAxis_019d215e-29eb-7cdf-8d30-ec588a017a77_terseLabel_en-US" xlink:label="lab_srt_StatementScenarioAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement, Scenario [Axis]</link:label>
    <link:label id="lab_srt_StatementScenarioAxis_019d215e-29eb-766c-b246-84258bd801f5_verboseLabel_en-US" xlink:label="lab_srt_StatementScenarioAxis" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:label id="lab_srt_StatementScenarioAxis_label_en-US" xlink:label="lab_srt_StatementScenarioAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_StatementScenarioAxis" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_StatementScenarioAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_StatementScenarioAxis" xlink:to="lab_srt_StatementScenarioAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_InterestBearingDepositsFairValueDisclosure_019d215e-29eb-77ac-8fa5-84cd87b98ccc_terseLabel_en-US" xlink:label="lab_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing Deposits, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_InterestBearingDepositsFairValueDisclosure_label_en-US" xlink:label="lab_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-bearing Deposits, Fair Value Disclosure</link:label>
    <link:label id="lab_fhlbd_InterestBearingDepositsFairValueDisclosure_documentation_en-US" xlink:label="lab_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest-bearing Deposits, Fair Value Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:href="fhlbd-20260331.xsd#fhlbd_InterestBearingDepositsFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:to="lab_fhlbd_InterestBearingDepositsFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_019d215e-29ea-7489-8203-fd55b5afe2ae_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Liability, Fair Value, Amount Not Offset Against Collateral</link:label>
    <link:label id="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral_label_en-US" xlink:label="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:to="lab_us-gaap_DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged_019d215e-29ea-74e9-a6ef-5537cee61b53_negatedTerseLabel_en-US" xlink:label="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Liabilities, Non-Cash, Collateral Pledged to Counterparties</link:label>
    <link:label id="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged_label_en-US" xlink:label="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative, Collateral, Right to Reclaim Securities That Can Be Sold or Repledged</link:label>
    <link:label id="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged_documentation_en-US" xlink:label="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">mount of right to reclaim securities collateral that can be sold or repledged under master netting arrangements that have not been offset against derivative liabilities.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:to="lab_fhlbd_DerivativeCollateralRighttoReclaimSecuritiesThatCanBeSoldorRepledged" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_019d215e-2961-7115-a864-059dbf272909_verboseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract Type [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_019d215e-2961-71aa-ad5a-825cc727a1b3_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:label id="lab_us-gaap_DerivativeContractTypeDomain_label_en-US" xlink:label="lab_us-gaap_DerivativeContractTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Contract [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeContractTypeDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeContractTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeContractTypeDomain" xlink:to="lab_us-gaap_DerivativeContractTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax_019d215e-29ea-7fae-b2a7-6842a04fadf5_negatedLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Reclassification adjustment for gains on cash flow hedges included in net income</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), Reclassification, before Tax</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_019d215e-29ea-7e3f-aa55-1979a1ee9c66_terseLabel_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Table]</link:label>
    <link:label id="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable_label_en-US" xlink:label="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:to="lab_us-gaap_ScheduleOfFinancingReceivableAllowanceForCreditLossesTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_019d215e-29eb-741d-b36d-2b68303cfd35_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from issuance of capital stock</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfCommonStock_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Common Stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfCommonStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfCommonStock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember_019d215e-29eb-7ba7-a0bd-c559a30c79f1_terseLabel_en-US" xlink:label="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Swaptions Related to Optional Advance Commitments [Member]</link:label>
    <link:label id="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember_label_en-US" xlink:label="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Swaptions Related to Optional Advance Commitments [Member]</link:label>
    <link:label id="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember_documentation_en-US" xlink:label="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Swaptions Related to Optional Advance Commitments [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:href="fhlbd-20260331.xsd#fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:to="lab_fhlbd_InterestRateSwaptionsRelatedToOptionalAdvanceCommitmentsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DeferredPrepaymentFeesOnAdvances_019d215e-28a1-7588-bff1-e9daafc834dd_negatedLabel_en-US" xlink:label="lab_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Deferred Prepayment Fees</link:label>
    <link:label id="lab_fhlbd_DeferredPrepaymentFeesOnAdvances_label_en-US" xlink:label="lab_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Deferred Prepayment Fees on Advances</link:label>
    <link:label id="lab_fhlbd_DeferredPrepaymentFeesOnAdvances_documentation_en-US" xlink:label="lab_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Deferred Prepayment Fees on Advances</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:href="fhlbd-20260331.xsd#fhlbd_DeferredPrepaymentFeesOnAdvances"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:to="lab_fhlbd_DeferredPrepaymentFeesOnAdvances" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AllIndividualsMember_terseLabel_en-US" xlink:label="lab_ecd_AllIndividualsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Individuals</link:label>
    <link:label id="lab_ecd_AllIndividualsMember_label_en-US" xlink:label="lab_ecd_AllIndividualsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Individuals [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AllIndividualsMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllIndividualsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AllIndividualsMember" xlink:to="lab_ecd_AllIndividualsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_019d215e-2961-794b-a67e-a42d0e9f2e24_terseLabel_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Type [Domain]</link:label>
    <link:label id="lab_us-gaap_LongtermDebtTypeDomain_label_en-US" xlink:label="lab_us-gaap_LongtermDebtTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Debt, Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongtermDebtTypeDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongtermDebtTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_LongtermDebtTypeDomain" xlink:to="lab_us-gaap_LongtermDebtTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_019d215e-2961-73e8-b0e7-0270ffbfe956_terseLabel_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:label id="lab_us-gaap_FairValueDisclosuresAbstract_label_en-US" xlink:label="lab_us-gaap_FairValueDisclosuresAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosures [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FairValueDisclosuresAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FairValueDisclosuresAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FairValueDisclosuresAbstract" xlink:to="lab_us-gaap_FairValueDisclosuresAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_NettingAdjustmentAsset_019d215e-2960-7cbf-bc16-62c3da92c1f2_terseLabel_en-US" xlink:label="lab_fhlbd_NettingAdjustmentAsset" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Netting Adjustment Asset</link:label>
    <link:label id="lab_fhlbd_NettingAdjustmentAsset_label_en-US" xlink:label="lab_fhlbd_NettingAdjustmentAsset" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Netting Adjustment Asset</link:label>
    <link:label id="lab_fhlbd_NettingAdjustmentAsset_documentation_en-US" xlink:label="lab_fhlbd_NettingAdjustmentAsset" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Netting Adjustment Asset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_NettingAdjustmentAsset" xlink:href="fhlbd-20260331.xsd#fhlbd_NettingAdjustmentAsset"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_NettingAdjustmentAsset" xlink:to="lab_fhlbd_NettingAdjustmentAsset" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_ForgoneRecoveryIndName_terseLabel_en-US" xlink:label="lab_ecd_ForgoneRecoveryIndName" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Name</link:label>
    <link:label id="lab_ecd_ForgoneRecoveryIndName_label_en-US" xlink:label="lab_ecd_ForgoneRecoveryIndName" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forgone Recovery, Individual Name</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ForgoneRecoveryIndName" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryIndName"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ForgoneRecoveryIndName" xlink:to="lab_ecd_ForgoneRecoveryIndName" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_UnrealizedGainLossOnDerivatives_019d215e-2961-7f88-84c8-9cf89f00afdc_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnrealizedGainLossOnDerivatives" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net change in derivative and hedging activities</link:label>
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    <link:label id="lab_us-gaap_PaymentsForAffordableHousingPrograms_019d215e-2960-75fb-b39f-77fa3064a2d4_terseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForAffordableHousingPrograms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AHP payments, net</link:label>
    <link:label id="lab_us-gaap_PaymentsForAffordableHousingPrograms_019d215e-2960-74aa-8f6b-cc28adc9adf2_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForAffordableHousingPrograms" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Grants funded, net of recaptured amounts</link:label>
    <link:label id="lab_us-gaap_PaymentsForAffordableHousingPrograms_label_en-US" xlink:label="lab_us-gaap_PaymentsForAffordableHousingPrograms" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Affordable Housing Programs</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForAffordableHousingPrograms" xlink:to="lab_us-gaap_PaymentsForAffordableHousingPrograms" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank_019d215e-2961-7e93-b61d-f8b967cac060_terseLabel_en-US" xlink:label="lab_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Office of Finance</link:label>
    <link:label id="lab_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank_label_en-US" xlink:label="lab_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Office of Finance, Cost Assessed on Federal Home Loan Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank" xlink:to="lab_us-gaap_OfficeOfFinanceAssessmentsCostAssessedOnFederalHomeLoanBank" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_FederalHomeLoanBankOfSanFranciscoMember_019d215e-2961-73f0-b2bb-7fcf551a2136_terseLabel_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfSanFranciscoMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FHLB of San Francisco [Member]</link:label>
    <link:label id="lab_srt_FederalHomeLoanBankOfSanFranciscoMember_label_en-US" xlink:label="lab_srt_FederalHomeLoanBankOfSanFranciscoMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank of San Francisco [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_FederalHomeLoanBankOfSanFranciscoMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_FederalHomeLoanBankOfSanFranciscoMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_FederalHomeLoanBankOfSanFranciscoMember" xlink:to="lab_srt_FederalHomeLoanBankOfSanFranciscoMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativesEmbeddedDerivatives_019d215e-29ea-7d0b-8eef-fcca673c9c28_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativesEmbeddedDerivatives" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivatives, Embedded Derivatives [Policy Text Block]</link:label>
    <link:label id="lab_us-gaap_DerivativesEmbeddedDerivatives_label_en-US" xlink:label="lab_us-gaap_DerivativesEmbeddedDerivatives" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivatives, Embedded Derivatives [Policy Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativesEmbeddedDerivatives" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativesEmbeddedDerivatives"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativesEmbeddedDerivatives" xlink:to="lab_us-gaap_DerivativesEmbeddedDerivatives" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ScenarioForecastMember_019d215e-29eb-7593-9fa8-e06480f3c735_terseLabel_en-US" xlink:label="lab_srt_ScenarioForecastMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forecast</link:label>
    <link:label id="lab_srt_ScenarioForecastMember_label_en-US" xlink:label="lab_srt_ScenarioForecastMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forecast [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ScenarioForecastMember" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScenarioForecastMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_ScenarioForecastMember" xlink:to="lab_srt_ScenarioForecastMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_ErrCompRecoveryTable_terseLabel_en-US" xlink:label="lab_ecd_ErrCompRecoveryTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Erroneously Awarded Compensation Recovery</link:label>
    <link:label id="lab_ecd_ErrCompRecoveryTable_label_en-US" xlink:label="lab_ecd_ErrCompRecoveryTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Erroneously Awarded Compensation Recovery [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ErrCompRecoveryTable" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ErrCompRecoveryTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_ErrCompRecoveryTable" xlink:to="lab_ecd_ErrCompRecoveryTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AffordableHousingProgramRollForward_019d215e-2961-72cf-af35-1c748aa6f821_terseLabel_en-US" xlink:label="lab_us-gaap_AffordableHousingProgramRollForward" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Affordable Housing Program [Roll Forward]</link:label>
    <link:label id="lab_us-gaap_AffordableHousingProgramRollForward_label_en-US" xlink:label="lab_us-gaap_AffordableHousingProgramRollForward" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Affordable Housing Program [Roll Forward]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AffordableHousingProgramRollForward" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AffordableHousingProgramRollForward"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_AffordableHousingProgramRollForward" xlink:to="lab_us-gaap_AffordableHousingProgramRollForward" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal_019d215e-2961-7fd9-b7ec-99d96f05a6f2_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Provision (reversal) for credit losses</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal" xlink:to="lab_us-gaap_FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_MortgageLoansOnRealEstateScheduleTable_019d215e-29eb-7436-8b40-4acec0278e18_terseLabel_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateScheduleTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:label id="lab_srt_MortgageLoansOnRealEstateScheduleTable_label_en-US" xlink:label="lab_srt_MortgageLoansOnRealEstateScheduleTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_MortgageLoansOnRealEstateScheduleTable" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_MortgageLoansOnRealEstateScheduleTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_srt_MortgageLoansOnRealEstateScheduleTable" xlink:to="lab_srt_MortgageLoansOnRealEstateScheduleTable" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030_019d215e-2961-75d8-bf55-c2ef765fb608_terseLabel_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2030</link:label>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030_label_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2030</link:label>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030_documentation_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2030</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:href="fhlbd-20260331.xsd#fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:to="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2030" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031_019dbbae-1cff-7720-8282-7167eada5607_terseLabel_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2031</link:label>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031_label_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2031</link:label>
    <link:label id="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031_documentation_en-US" xlink:label="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Expiring in 2031</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:href="fhlbd-20260331.xsd#fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:to="lab_fhlbd_FairValueDisclosureOffBalanceSheetRisksFaceAmountExpiringIn2031" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship_019d215e-2961-762f-b52a-a067d1697a13_totalLabel_en-US" xlink:label="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Net Gain (Loss) on Cash Flow Hedging Relationship</link:label>
    <link:label id="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship_label_en-US" xlink:label="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Net Gain Loss on Cash Flow Hedging Relationship</link:label>
    <link:label id="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship_documentation_en-US" xlink:label="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Net Gain Loss on Cash Flow Hedging Relationship</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:href="fhlbd-20260331.xsd#fhlbd_NetGainLossonCashFlowHedgingRelationship"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:to="lab_fhlbd_NetGainLossonCashFlowHedgingRelationship" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_019d215e-29eb-70b3-82de-3e1335a92c26_terseLabel_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost</link:label>
    <link:label id="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis_label_en-US" xlink:label="lab_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Rolling within One Year, Amortized Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AvailableForSaleSecuritiesDebtMaturitiesNextRollingTwelveMonthsAmortizedCostBasis"/>
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    <link:label id="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans_019d215e-2961-7bd8-8a8e-b0b9a0a93851_terseLabel_en-US" xlink:label="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest payments applied to principal on Non-Accrual Loans</link:label>
    <link:label id="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans_label_en-US" xlink:label="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest payments applied to principal on non-accrual loans</link:label>
    <link:label id="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans_documentation_en-US" xlink:label="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest payments applied to principal on non-accrual loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:href="fhlbd-20260331.xsd#fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:to="lab_fhlbd_InterestPaymentsAppliedToPrincipalOnNonAccrualLoans" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour_019d215e-28a1-79cb-963b-da4173c0664f_terseLabel_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Rolling Year Four</link:label>
    <link:label id="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour_label_en-US" xlink:label="lab_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-Term Debt, Maturities, Repayments of Principal in Rolling Year Four</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour"/>
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    <link:label id="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember_019e0749-b8f0-72cc-a8df-bf39b4f79598_terseLabel_en-US" xlink:label="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Institutions affiliated with American General Life Insurance Company</link:label>
    <link:label id="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember_label_en-US" xlink:label="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Institutions affiliated with American General Life Insurance Company [Member]</link:label>
    <link:label id="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember_documentation_en-US" xlink:label="lab_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Institutions affiliated with American General Life Insurance Company</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember" xlink:href="fhlbd-20260331.xsd#fhlbd_InstitutionsAffiliatedWithAmericanGeneralLifeInsuranceCompanyMember"/>
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    <link:label id="lab_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Line Items] for ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems" xlink:to="lab_fhlbd_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlockLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_019d215e-2961-7f12-a6a4-33ed51bdff09_terseLabel_en-US" xlink:label="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Fair Value Hedges Recognized in Earnings</link:label>
    <link:label id="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings_label_en-US" xlink:label="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Gain (Loss) on Fair Value Hedges Recognized in Earnings</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:to="lab_us-gaap_GainLossOnFairValueHedgesRecognizedInEarnings" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_019d215e-2961-76ad-99cc-7577b5ce3f7e_terseLabel_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Short-term Debt, Type [Axis]</link:label>
    <link:label id="lab_us-gaap_ShortTermDebtTypeAxis_label_en-US" xlink:label="lab_us-gaap_ShortTermDebtTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Short-Term Debt, Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ShortTermDebtTypeAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ShortTermDebtTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ShortTermDebtTypeAxis" xlink:to="lab_us-gaap_ShortTermDebtTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities_019d215e-2961-77be-86f9-1d4236e6e4de_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Valuation Adjustments For Hedging Activities</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Valuation Adjustments for Hedging Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesValuationAdjustmentsForHedgingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_SimmonsBankMember_019d215e-29ea-7b02-8fe9-7d66e10ded4e_terseLabel_en-US" xlink:label="lab_fhlbd_SimmonsBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Simmons Bank</link:label>
    <link:label id="lab_fhlbd_SimmonsBankMember_label_en-US" xlink:label="lab_fhlbd_SimmonsBankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Simmons Bank [Member]</link:label>
    <link:label id="lab_fhlbd_SimmonsBankMember_documentation_en-US" xlink:label="lab_fhlbd_SimmonsBankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Simmons Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SimmonsBankMember" xlink:href="fhlbd-20260331.xsd#fhlbd_SimmonsBankMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SimmonsBankMember" xlink:to="lab_fhlbd_SimmonsBankMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock_019d215e-2961-7d9b-b108-3061ab6e95f1_terseLabel_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_Canopy</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock_label_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_Canopy [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_Canopy</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:to="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock_CanopyTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate_019d215e-2961-71e2-8974-b1be120a366b_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate_label_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three, Weighted Average Interest Rate</link:label>
    <link:label id="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt, Maturities, Repayments of Principal in Year Three, Weighted Average Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:to="lab_fhlbd_LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThreeWeightedAverageInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeAxis_019d215e-29ea-7d40-9b29-e9b7b244f546_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Axis]</link:label>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeAxis_label_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Axis]</link:label>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeAxis_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtByMaturityTypeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:to="lab_fhlbd_LongTermDebtByMaturityTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_019d215e-29eb-7310-a9c9-c703f70cc1b3_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Line Items]</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossesLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ExternalCreditRatingByGroupingAxis_019d215e-2961-7c8b-a1ad-3ec2c4645ca8_terseLabel_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingByGroupingAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Credit Rating by Grouping [Axis]</link:label>
    <link:label id="lab_us-gaap_ExternalCreditRatingByGroupingAxis_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingByGroupingAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Credit Rating by Grouping [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ExternalCreditRatingByGroupingAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ExternalCreditRatingByGroupingAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingByGroupingAxis" xlink:to="lab_us-gaap_ExternalCreditRatingByGroupingAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage_019d215e-29ea-7f64-beda-a3edfff99c8b_terseLabel_en-US" xlink:label="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">percentage of outstanding advances</link:label>
    <link:label id="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage_label_en-US" xlink:label="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">outstanding advances to borrowers, percentage</link:label>
    <link:label id="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage_documentation_en-US" xlink:label="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">outstanding advances to borrowers, percentage</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:href="fhlbd-20260331.xsd#fhlbd_OutstandingAdvancesToBorrowersPercentage"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:to="lab_fhlbd_OutstandingAdvancesToBorrowersPercentage" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_NonCallableMember_019d215e-2960-7247-a1f8-b014e5929d38_terseLabel_en-US" xlink:label="lab_fhlbd_NonCallableMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non Callable [Member]</link:label>
    <link:label id="lab_fhlbd_NonCallableMember_label_en-US" xlink:label="lab_fhlbd_NonCallableMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Non Callable [Member]</link:label>
    <link:label id="lab_fhlbd_NonCallableMember_documentation_en-US" xlink:label="lab_fhlbd_NonCallableMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Non Callable [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_NonCallableMember" xlink:href="fhlbd-20260331.xsd#fhlbd_NonCallableMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_NonCallableMember" xlink:to="lab_fhlbd_NonCallableMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract_019d215e-2961-7ab7-bb7a-371e0934fe55_terseLabel_en-US" xlink:label="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other amounts of other comprehensive income (loss)</link:label>
    <link:label id="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract_label_en-US" xlink:label="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other amounts of other comprehensive income (loss) [Abstract]</link:label>
    <link:label id="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract_documentation_en-US" xlink:label="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Other amounts of other comprehensive income (loss) [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:to="lab_fhlbd_OtherAmountsOfOtherComprehensiveIncomeLossAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AwardTmgDiscLineItems_label_en-US" xlink:label="lab_ecd_AwardTmgDiscLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Award Timing Disclosures [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AwardTmgDiscLineItems" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AwardTmgDiscLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AwardTmgDiscLineItems" xlink:to="lab_ecd_AwardTmgDiscLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ClassB1StockMember_019d215e-29eb-78c3-b3b3-63c659d85206_terseLabel_en-US" xlink:label="lab_fhlbd_ClassB1StockMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class B-1 Stock [Member]</link:label>
    <link:label id="lab_fhlbd_ClassB1StockMember_label_en-US" xlink:label="lab_fhlbd_ClassB1StockMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class B-1 Stock [Member]</link:label>
    <link:label id="lab_fhlbd_ClassB1StockMember_documentation_en-US" xlink:label="lab_fhlbd_ClassB1StockMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Class B-1 Stock [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ClassB1StockMember" xlink:href="fhlbd-20260331.xsd#fhlbd_ClassB1StockMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ClassB1StockMember" xlink:to="lab_fhlbd_ClassB1StockMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ConsolidatedObligationDiscountNotesMember_019d215e-29ea-7b7a-a89f-8c26bb456fe6_terseLabel_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated Obligation Discount Notes [Member]</link:label>
    <link:label id="lab_fhlbd_ConsolidatedObligationDiscountNotesMember_label_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Consolidated Obligation Discount Notes [Member]</link:label>
    <link:label id="lab_fhlbd_ConsolidatedObligationDiscountNotesMember_documentation_en-US" xlink:label="lab_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Amount of joint and several obligations consisting of discount notes issued by Federal Home Loan Banks (FHLBanks).</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:href="fhlbd-20260331.xsd#fhlbd_ConsolidatedObligationDiscountNotesMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:to="lab_fhlbd_ConsolidatedObligationDiscountNotesMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure_019d215e-29ea-7487-8786-03835d0d45b7_terseLabel_en-US" xlink:label="lab_us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Securities purchased under agreements to resell (Notes 8, 9 and 12)</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:to="lab_us-gaap_SecuritiesLoanedOrSoldUnderAgreementsToRepurchaseFairValueDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_019d215e-2961-7c7f-b1a3-06c43e07affa_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Service cost</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanServiceCost_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanServiceCost" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Service Cost</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanServiceCost" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanServiceCost"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanServiceCost" xlink:to="lab_us-gaap_DefinedBenefitPlanServiceCost" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBanksAbstract_019d215e-2961-75f2-b52c-50cebfae2b76_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBanksAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Banks [Abstract]</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBanksAbstract_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBanksAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Banks [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBanksAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBanksAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBanksAbstract" xlink:to="lab_us-gaap_FederalHomeLoanBanksAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_019d215e-29eb-7c43-a546-a04446bb6b64_terseLabel_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonds</link:label>
    <link:label id="lab_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt_label_en-US" xlink:label="lab_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Proceeds from Issuance of Other Long-Term Debt</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:to="lab_us-gaap_ProceedsFromIssuanceOfOtherLongTermDebt" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_019d215e-2960-7117-8926-3cedaa3ae99e_terseLabel_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Stockholders' Equity Note Disclosure [Text Block]</link:label>
    <link:label id="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock_label_en-US" xlink:label="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Equity [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockholdersEquityNoteDisclosureTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:to="lab_us-gaap_StockholdersEquityNoteDisclosureTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms_019d215e-2961-7971-8ee3-1cdd607d6944_terseLabel_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms</link:label>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms_label_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms</link:label>
    <link:label id="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms_documentation_en-US" xlink:label="lab_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Mortgage Loans On Real Estate, Original Contractual Terms, Medium-Term Loan</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms" xlink:href="fhlbd-20260331.xsd#fhlbd_MortgageLoansOnRealEstateOriginalContractualTerms"/>
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    <link:label id="lab_fhlbd_VariableRateLIBORMember_019d215e-2961-7902-baae-4654a8076771_terseLabel_en-US" xlink:label="lab_fhlbd_VariableRateLIBORMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Variable Rate LIBOR</link:label>
    <link:label id="lab_fhlbd_VariableRateLIBORMember_label_en-US" xlink:label="lab_fhlbd_VariableRateLIBORMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Variable Rate LIBOR [Member]</link:label>
    <link:label id="lab_fhlbd_VariableRateLIBORMember_documentation_en-US" xlink:label="lab_fhlbd_VariableRateLIBORMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Variable Rate LIBOR</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_VariableRateLIBORMember" xlink:href="fhlbd-20260331.xsd#fhlbd_VariableRateLIBORMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_VariableRateLIBORMember" xlink:to="lab_fhlbd_VariableRateLIBORMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss_019d215e-29eb-7605-896a-bb7b4714632a_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Mortgage loans held for portfolio, net of allowance for credit losses of $8,673 and $8,554 at March 31, 2026 and December 31, 2025, respectively (Notes 7, 8 and 9)</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss_019d215e-29eb-7869-bb3c-fd2c552c416d_verboseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:to="lab_us-gaap_FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral_019d215e-2961-7f8c-87da-709f8b4c63c7_totalLabel_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Offsetting Liabilities, Amount Not Offset Against Collateral</link:label>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral_label_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">OffsettingLiabilitiesAmountNotOffsetAgainstCollateral</link:label>
    <link:label id="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral_documentation_en-US" xlink:label="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">OffsettingLiabilitiesAmountNotOffsetAgainstCollateral</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:href="fhlbd-20260331.xsd#fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:to="lab_fhlbd_OffsettingLiabilitiesAmountNotOffsetAgainstCollateral" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_AccruedInterestReceivableTableTextBlock_019d215e-29eb-7825-9e73-f0925cc74e43_terseLabel_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accrued Interest Receivable [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_AccruedInterestReceivableTableTextBlock_label_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AccruedInterestReceivable [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_AccruedInterestReceivableTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">[Table Text Block] for AccruedInterestReceivable [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_AccruedInterestReceivableTableTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:to="lab_fhlbd_AccruedInterestReceivableTableTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_019d215e-2961-7751-a677-d8d155238ee0_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Payments for repurchase/redemption of capital stock</link:label>
    <link:label id="lab_us-gaap_PaymentsForRepurchaseOfCommonStock_label_en-US" xlink:label="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Payments for Repurchase of Common Stock</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsForRepurchaseOfCommonStock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:to="lab_us-gaap_PaymentsForRepurchaseOfCommonStock" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TrdArrAdoptionDate_terseLabel_en-US" xlink:label="lab_ecd_TrdArrAdoptionDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adoption Date</link:label>
    <link:label id="lab_ecd_TrdArrAdoptionDate_label_en-US" xlink:label="lab_ecd_TrdArrAdoptionDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement Adoption Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TrdArrAdoptionDate" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrAdoptionDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TrdArrAdoptionDate" xlink:to="lab_ecd_TrdArrAdoptionDate" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_TransactionsWithShareholdersAbstract_019d215e-29ea-7f58-afd1-245586e89c1c_terseLabel_en-US" xlink:label="lab_fhlbd_TransactionsWithShareholdersAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Transactions with Shareholders [Abstract]</link:label>
    <link:label id="lab_fhlbd_TransactionsWithShareholdersAbstract_label_en-US" xlink:label="lab_fhlbd_TransactionsWithShareholdersAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Transactions with Shareholders [Abstract]</link:label>
    <link:label id="lab_fhlbd_TransactionsWithShareholdersAbstract_documentation_en-US" xlink:label="lab_fhlbd_TransactionsWithShareholdersAbstract" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Transactions with Shareholders [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_TransactionsWithShareholdersAbstract" xlink:href="fhlbd-20260331.xsd#fhlbd_TransactionsWithShareholdersAbstract"/>
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    <link:label id="lab_fhlbd_CharlesSchwabPremierBankMember_019d215e-2961-7b12-b1bf-eb8a99df2650_terseLabel_en-US" xlink:label="lab_fhlbd_CharlesSchwabPremierBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Charles Schwab Premier Bank</link:label>
    <link:label id="lab_fhlbd_CharlesSchwabPremierBankMember_label_en-US" xlink:label="lab_fhlbd_CharlesSchwabPremierBankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Charles Schwab Premier Bank [Member]</link:label>
    <link:label id="lab_fhlbd_CharlesSchwabPremierBankMember_documentation_en-US" xlink:label="lab_fhlbd_CharlesSchwabPremierBankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Charles Schwab Premier Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CharlesSchwabPremierBankMember" xlink:href="fhlbd-20260331.xsd#fhlbd_CharlesSchwabPremierBankMember"/>
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    <link:label id="lab_us-gaap_InterestBearingDepositsMember_019d215e-2961-7a7c-b73e-f2dd0c9c09c0_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing Deposits [Member]</link:label>
    <link:label id="lab_us-gaap_InterestBearingDepositsMember_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-Bearing Deposits [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestBearingDepositsMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestBearingDepositsMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositsMember" xlink:to="lab_us-gaap_InterestBearingDepositsMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_USAAFederalSavingsBankMember_019d215e-29eb-7048-94b4-eac3a6b42179_terseLabel_en-US" xlink:label="lab_fhlbd_USAAFederalSavingsBankMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">USAA Federal Savings Bank</link:label>
    <link:label id="lab_fhlbd_USAAFederalSavingsBankMember_label_en-US" xlink:label="lab_fhlbd_USAAFederalSavingsBankMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">USAA Federal Savings Bank [Member]</link:label>
    <link:label id="lab_fhlbd_USAAFederalSavingsBankMember_documentation_en-US" xlink:label="lab_fhlbd_USAAFederalSavingsBankMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">USAA Federal Savings Bank</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_USAAFederalSavingsBankMember" xlink:href="fhlbd-20260331.xsd#fhlbd_USAAFederalSavingsBankMember"/>
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    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesInterestRate_019d215e-2961-70b2-b0f0-68f54a450337_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesInterestRate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank Advances, Interest Rate</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesInterestRate_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesInterestRate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Interest Rate</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesInterestRate" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesInterestRate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesInterestRate" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesInterestRate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CapitalUnitLineItems_019d215e-2961-786e-a22b-ff2e6046c917_terseLabel_en-US" xlink:label="lab_us-gaap_CapitalUnitLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Unit [Line Items]</link:label>
    <link:label id="lab_us-gaap_CapitalUnitLineItems_label_en-US" xlink:label="lab_us-gaap_CapitalUnitLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Capital Unit [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CapitalUnitLineItems" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CapitalUnitLineItems"/>
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    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_019d215e-2961-7d4f-86a3-5d540f0b406e_totalLabel_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total retained earnings</link:label>
    <link:label id="lab_us-gaap_RetainedEarningsAccumulatedDeficit_label_en-US" xlink:label="lab_us-gaap_RetainedEarningsAccumulatedDeficit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retained Earnings (Accumulated Deficit)</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetainedEarningsAccumulatedDeficit" xlink:to="lab_us-gaap_RetainedEarningsAccumulatedDeficit" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_terseLabel_en-US" xlink:label="lab_ecd_YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested</link:label>
    <link:label id="lab_ecd_YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember_label_en-US" xlink:label="lab_ecd_YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]</link:label>
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    <link:label id="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember_019d215e-2961-7030-9670-330b1955e665_terseLabel_en-US" xlink:label="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Non-mortgage-backed securities [Member]</link:label>
    <link:label id="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember_label_en-US" xlink:label="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Than Mortgage Backed Securities [Member]</link:label>
    <link:label id="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember_documentation_en-US" xlink:label="lab_fhlbd_OtherThanMortgageBackedSecuritiesMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Represents the total of non-mortgage backed securities, which may be issued by federal, state or local government and/or by other non-mortgage related entities.</link:label>
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    <link:label id="lab_fhlbd_HedgedItemTypeAxis_019d215e-29eb-709c-8e98-395e62f61e16_terseLabel_en-US" xlink:label="lab_fhlbd_HedgedItemTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Hedged Item Type [Axis]</link:label>
    <link:label id="lab_fhlbd_HedgedItemTypeAxis_label_en-US" xlink:label="lab_fhlbd_HedgedItemTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Hedged Item Type [Axis]</link:label>
    <link:label id="lab_fhlbd_HedgedItemTypeAxis_documentation_en-US" xlink:label="lab_fhlbd_HedgedItemTypeAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Hedged Item Type [Axis]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_HedgedItemTypeAxis" xlink:to="lab_fhlbd_HedgedItemTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification_019d215e-2961-70dc-96a9-bb8f2d4bacf2_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances 2021 Modification</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification_label_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances 2021 Modification</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding Advances 2021 Modification</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:to="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingAdvances2021Modification" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities_019d215e-29eb-7bb5-a78b-c07ca2108e62_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Purchases of held-to-maturity securities</link:label>
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    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_PaymentsToAcquireHeldToMaturitySecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:to="lab_us-gaap_PaymentsToAcquireHeldToMaturitySecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_019d215e-2961-7375-89cf-e9c68d416273_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementClassOfStockAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementClassOfStockAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis" xlink:to="lab_us-gaap_StatementClassOfStockAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember_019d215e-29ea-7287-8a22-8b5ee82400a1_terseLabel_en-US" xlink:label="lab_us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent</link:label>
    <link:label id="lab_us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember_label_en-US" xlink:label="lab_us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_AccumulatedGainLossNetCashFlowHedgeParentMember"/>
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    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable_019d215e-29ea-71ec-8278-165588f85f6f_terseLabel_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Advances by Interest Rate Payment Terms [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable_label_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Advances by Interest Rate Payment Terms [Table]</link:label>
    <link:label id="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable_documentation_en-US" xlink:label="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Advances by Interest Rate Payment Terms [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:href="fhlbd-20260331.xsd#fhlbd_AdvancesbyInterestRatePaymentTermsTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:to="lab_fhlbd_AdvancesbyInterestRatePaymentTermsTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_019d215e-29eb-7da4-9f98-3c058c149110_terseLabel_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:label id="lab_us-gaap_SubsequentEventTypeDomain_label_en-US" xlink:label="lab_us-gaap_SubsequentEventTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Subsequent Event Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SubsequentEventTypeDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SubsequentEventTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SubsequentEventTypeDomain" xlink:to="lab_us-gaap_SubsequentEventTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms_019d215e-2961-778c-95bf-250c97251dd4_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Reduced Percentage, Funded Advance Programs</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms_label_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Reduced Percentage, Funded Advance Programs</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Reduced Percentage, Funded Advance Programs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedInvestmentRequirementReducedPercentageFundedAdvancePrograms"/>
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    <link:label id="lab_ecd_EqtyAwrdsInSummryCompstnTblForAplblYrMember_terseLabel_en-US" xlink:label="lab_ecd_EqtyAwrdsInSummryCompstnTblForAplblYrMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table</link:label>
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    <link:label id="lab_us-gaap_RetirementPlanTypeAxis_019d215e-2961-7f8b-8a86-eb533da16d1a_terseLabel_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Axis]</link:label>
    <link:label id="lab_us-gaap_RetirementPlanTypeAxis_label_en-US" xlink:label="lab_us-gaap_RetirementPlanTypeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Retirement Plan Type [Axis]</link:label>
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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_RetirementPlanTypeAxis" xlink:to="lab_us-gaap_RetirementPlanTypeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StatementTable_019d215e-2961-7cd2-90ad-8b1d2bc2c65d_terseLabel_en-US" xlink:label="lab_us-gaap_StatementTable" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:label id="lab_us-gaap_StatementTable_label_en-US" xlink:label="lab_us-gaap_StatementTable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Statement [Table]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StatementTable" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StatementTable"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementTable" xlink:to="lab_us-gaap_StatementTable" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract_019d215e-29ea-71ed-b8d9-dfdd478d3227_terseLabel_en-US" xlink:label="lab_us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Adjustments to reconcile net income to net cash provided by (used in) operating activities</link:label>
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    <link:label id="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract_019d215e-29eb-7717-b9df-cde49228833e_terseLabel_en-US" xlink:label="lab_us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">FINANCING ACTIVITIES</link:label>
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    <link:label id="lab_fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement_documentation_en-US" xlink:label="lab_fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Derivative Asset Fair Value Cash Remitted Exceeding Variation Margin Requirement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement" xlink:href="fhlbd-20260331.xsd#fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement" xlink:to="lab_fhlbd_DerivativeAssetFairValueCashRemittedExceedingVariationMarginRequirement" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ConventionalLoanMember_019d215e-2961-7855-b4e6-07bbeca6d392_terseLabel_en-US" xlink:label="lab_us-gaap_ConventionalLoanMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Conventional Mortgage Loan [Member]</link:label>
    <link:label id="lab_us-gaap_ConventionalLoanMember_label_en-US" xlink:label="lab_us-gaap_ConventionalLoanMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Conventional Mortgage Loan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ConventionalLoanMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ConventionalLoanMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ConventionalLoanMember" xlink:to="lab_us-gaap_ConventionalLoanMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeDomain_019d215e-2961-75b7-86a8-ea3b0a2e3f3a_terseLabel_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Domain]</link:label>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeDomain_label_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Domain]</link:label>
    <link:label id="lab_fhlbd_LongTermDebtByMaturityTypeDomain_documentation_en-US" xlink:label="lab_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Long-term Debt By Maturity Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:href="fhlbd-20260331.xsd#fhlbd_LongTermDebtByMaturityTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:to="lab_fhlbd_LongTermDebtByMaturityTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_SharesIssued_019d215e-2961-7c43-b20a-99f7112e65f2_periodStartLabel_en-US" xlink:label="lab_us-gaap_SharesIssued" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Beginning balance, shares</link:label>
    <link:label id="lab_us-gaap_SharesIssued_019d215e-2961-7482-af53-0aaff0a3d89d_periodEndLabel_en-US" xlink:label="lab_us-gaap_SharesIssued" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Ending balance, shares</link:label>
    <link:label id="lab_us-gaap_SharesIssued_label_en-US" xlink:label="lab_us-gaap_SharesIssued" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Shares, Issued</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_SharesIssued" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_SharesIssued"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SharesIssued" xlink:to="lab_us-gaap_SharesIssued" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_019d215e-29eb-7980-85b5-a907e1fc9ae9_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Net losses (gains) on trading securities</link:label>
    <link:label id="lab_us-gaap_IncreaseDecreaseInTradingSecurities_label_en-US" xlink:label="lab_us-gaap_IncreaseDecreaseInTradingSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Increase (Decrease) in Debt Securities, Trading, and Equity Securities, FV-NI</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_IncreaseDecreaseInTradingSecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_IncreaseDecreaseInTradingSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_IncreaseDecreaseInTradingSecurities" xlink:to="lab_us-gaap_IncreaseDecreaseInTradingSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestExpenseBorrowingsAbstract_019d215e-29ea-731e-ae1d-f360508e5cae_terseLabel_en-US" xlink:label="lab_us-gaap_InterestExpenseBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Consolidated obligations</link:label>
    <link:label id="lab_us-gaap_InterestExpenseBorrowingsAbstract_label_en-US" xlink:label="lab_us-gaap_InterestExpenseBorrowingsAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Expense, Borrowings [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestExpenseBorrowingsAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestExpenseBorrowingsAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestExpenseBorrowingsAbstract" xlink:to="lab_us-gaap_InterestExpenseBorrowingsAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_AllAdjToCompMember_terseLabel_en-US" xlink:label="lab_ecd_AllAdjToCompMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">All Adjustments to Compensation</link:label>
    <link:label id="lab_ecd_AllAdjToCompMember_label_en-US" xlink:label="lab_ecd_AllAdjToCompMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">All Adjustments to Compensation [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_AllAdjToCompMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_AllAdjToCompMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_AllAdjToCompMember" xlink:to="lab_ecd_AllAdjToCompMember" xlink:type="arc" order="1"/>
    <link:label id="lab_dei_AmendmentFlag_019d215e-29eb-7b35-973f-dd640756fdcb_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_label_en-US" xlink:label="lab_dei_AmendmentFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_dei_AmendmentFlag" xlink:href="https://xbrl.sec.gov/dei/2025/dei-2025.xsd#dei_AmendmentFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag" xlink:to="lab_dei_AmendmentFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLocationAxis_019d215e-29ea-71e5-bad7-da9b4ab744a8_terseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLocationAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income Location [Axis]</link:label>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeLocationAxis_label_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeLocationAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Comprehensive Income Location [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherComprehensiveIncomeLocationAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherComprehensiveIncomeLocationAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherComprehensiveIncomeLocationAxis" xlink:to="lab_us-gaap_OtherComprehensiveIncomeLocationAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember_019d215e-29eb-700b-ad10-c9676d5075a8_terseLabel_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Loans Receivable With Fixed Rates Of Interest Medium Term [Member]</link:label>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember_label_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans Receivable With Fixed Rates Of Interest Medium Term [Member]</link:label>
    <link:label id="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember_documentation_en-US" xlink:label="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">A mortgage loan issued by a bank with a fixed rate of interest and a repayment period of 15 years or less [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:href="fhlbd-20260331.xsd#fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:to="lab_fhlbd_LoansReceivableWithFixedRatesOfInterestMediumTermMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss_019d215e-2961-7575-98a9-66d76da54a1c_terseLabel_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:label id="lab_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss_label_en-US" xlink:label="lab_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Securities, Available-for-Sale, Accrued Interest, after Allowance for Credit Loss</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss" xlink:to="lab_us-gaap_DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLoss" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_019d215e-2960-7958-a763-6ee0dec4a108_terseLabel_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Other Postretirement Benefit Plans, Defined Benefit [Member]</link:label>
    <link:label id="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember_label_en-US" xlink:label="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Other Postretirement Benefits Plan [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:to="lab_us-gaap_OtherPostretirementBenefitPlansDefinedBenefitMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_TrdArrTerminationDate_terseLabel_en-US" xlink:label="lab_ecd_TrdArrTerminationDate" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Termination Date</link:label>
    <link:label id="lab_ecd_TrdArrTerminationDate_label_en-US" xlink:label="lab_ecd_TrdArrTerminationDate" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Arrangement Termination Date</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_TrdArrTerminationDate" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_TrdArrTerminationDate"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_TrdArrTerminationDate" xlink:to="lab_ecd_TrdArrTerminationDate" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_InterestBearingDepositsInBanks_019d215e-2961-72f1-a9ee-44f55fabd644_terseLabel_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest-bearing deposits (Notes 8 and 9)</link:label>
    <link:label id="lab_us-gaap_InterestBearingDepositsInBanks_label_en-US" xlink:label="lab_us-gaap_InterestBearingDepositsInBanks" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest-Bearing Deposits in Banks and Other Financial Institutions</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_InterestBearingDepositsInBanks" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_InterestBearingDepositsInBanks"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_InterestBearingDepositsInBanks" xlink:to="lab_us-gaap_InterestBearingDepositsInBanks" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_InsiderTrdPoliciesProcAdoptedFlag_terseLabel_en-US" xlink:label="lab_ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Insider Trading Policies and Procedures Adopted</link:label>
    <link:label id="lab_ecd_InsiderTrdPoliciesProcAdoptedFlag_label_en-US" xlink:label="lab_ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insider Trading Policies and Procedures Adopted [Flag]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTrdPoliciesProcAdoptedFlag"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:to="lab_ecd_InsiderTrdPoliciesProcAdoptedFlag" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest_019d215e-2961-7f3d-a0e5-41f70d60ca87_verboseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest_019d215e-2961-73a5-baa9-dcd8b77aee18_periodStartLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:type="resource" xml:lang="en-US">Balance, beginning of period</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest_019d215e-2961-77a0-930b-432dcf9b6911_periodEndLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:type="resource" xml:lang="en-US">Balance, end of period</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest_019d215e-2961-7211-b127-b59f32ae51e9_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:to="lab_us-gaap_FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis_019e1784-321e-7a8a-87e3-931aef77c715_terseLabel_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Customer Securities for which Entity has Right to Sell or Repledge [Axis]</link:label>
    <link:label id="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis_label_en-US" xlink:label="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Customer Securities for which Entity has Right to Sell or Repledge [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis" xlink:to="lab_us-gaap_CustomerSecuritiesForWhichEntityHasRightToSellOrRepledgeAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_DebtInstrumentCallFeatureAxis_019d215e-29eb-7fa3-b192-51a6215afd8a_terseLabel_en-US" xlink:label="lab_fhlbd_DebtInstrumentCallFeatureAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument Call Feature [Axis]</link:label>
    <link:label id="lab_fhlbd_DebtInstrumentCallFeatureAxis_label_en-US" xlink:label="lab_fhlbd_DebtInstrumentCallFeatureAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument Call Feature [Axis]</link:label>
    <link:label id="lab_fhlbd_DebtInstrumentCallFeatureAxis_documentation_en-US" xlink:label="lab_fhlbd_DebtInstrumentCallFeatureAxis" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Debt Instrument Call Feature [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_DebtInstrumentCallFeatureAxis" xlink:href="fhlbd-20260331.xsd#fhlbd_DebtInstrumentCallFeatureAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_DebtInstrumentCallFeatureAxis" xlink:to="lab_fhlbd_DebtInstrumentCallFeatureAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ReceivableTypeDomain_019d215e-2961-7fcb-9445-bbd52c086f59_terseLabel_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:label id="lab_us-gaap_ReceivableTypeDomain_label_en-US" xlink:label="lab_us-gaap_ReceivableTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Receivable [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ReceivableTypeDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ReceivableTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ReceivableTypeDomain" xlink:to="lab_us-gaap_ReceivableTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths_019d215e-29eb-7e54-aa31-2e50cca3bdea_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, due in Next Rolling Twelve Months</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Advances, Earlier of Contractual Maturity or Next Put or Convert Date, in Next Rolling 12 Months</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths" xlink:to="lab_us-gaap_FederalHomeLoanBankAdvancesEarlierOfContractualMaturityOrNextPutOrConvertDateInNextRollingTwelveMonths" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_InterestRateTypeDomain_019d215e-29eb-7237-90a4-0111d2c6a878_terseLabel_en-US" xlink:label="lab_fhlbd_InterestRateTypeDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Interest Rate Type [Domain]</link:label>
    <link:label id="lab_fhlbd_InterestRateTypeDomain_label_en-US" xlink:label="lab_fhlbd_InterestRateTypeDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Interest Rate Type [Domain]</link:label>
    <link:label id="lab_fhlbd_InterestRateTypeDomain_documentation_en-US" xlink:label="lab_fhlbd_InterestRateTypeDomain" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Interest Rate Type [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_InterestRateTypeDomain" xlink:href="fhlbd-20260331.xsd#fhlbd_InterestRateTypeDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_InterestRateTypeDomain" xlink:to="lab_fhlbd_InterestRateTypeDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_019d215e-29eb-71d8-9e2c-ca74b6c07cff_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative Asset, Gross Asset Including Not Subject to Master Netting Arrangement</link:label>
    <link:label id="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Gross Asset Including Not Subject to Master Netting Arrangement</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetFairValueGrossAssetIncludingNotSubjectToMasterNettingArrangement"/>
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    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock_019d215e-2961-72bb-a3ec-4b56adfdbc28_terseLabel_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventional Mortgages</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock_label_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventional Mortgages [Table Text Block]</link:label>
    <link:label id="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock_documentation_en-US" xlink:label="lab_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventional Mortgages</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock" xlink:href="fhlbd-20260331.xsd#fhlbd_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlockConventionalMortgagesTableTextBlock"/>
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    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs_019d215e-29eb-7468-9ea0-ec15d14e675d_terseLabel_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding LOCs</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs_label_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding LOCs</link:label>
    <link:label id="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs_documentation_en-US" xlink:label="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Activity Based Investment Requirement, Percent of Outstanding LOCs</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:href="fhlbd-20260331.xsd#fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:to="lab_fhlbd_ActivityBasedInvestmentRequirementPercentOfOutstandingLOCs" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_019d215e-29ea-76a9-a341-5db348223d81_terseLabel_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:label id="lab_us-gaap_DebtDisclosureAbstract_label_en-US" xlink:label="lab_us-gaap_DebtDisclosureAbstract" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Disclosure [Abstract]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtDisclosureAbstract" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtDisclosureAbstract"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtDisclosureAbstract" xlink:to="lab_us-gaap_DebtDisclosureAbstract" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_019d215e-29eb-7f3d-b855-94b1ed63833c_terseLabel_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Plan Assets, Category [Axis]</link:label>
    <link:label id="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis_label_en-US" xlink:label="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Defined Benefit Plan, Plan Assets, Category [Axis]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:to="lab_us-gaap_DefinedBenefitPlanByPlanAssetCategoriesAxis" xlink:type="arc" order="1"/>
    <link:label id="lab_srt_ScenarioUnspecifiedDomain_019d215e-2961-7e37-91e9-b97f48971ad1_terseLabel_en-US" xlink:label="lab_srt_ScenarioUnspecifiedDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Scenario [Domain]</link:label>
    <link:label id="lab_srt_ScenarioUnspecifiedDomain_label_en-US" xlink:label="lab_srt_ScenarioUnspecifiedDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Scenario [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_srt_ScenarioUnspecifiedDomain" xlink:href="https://xbrl.fasb.org/srt/2025/elts/srt-2025.xsd#srt_ScenarioUnspecifiedDomain"/>
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    <link:label id="lab_fhlbd_LettersofCreditFees_019d215e-2961-7187-ae5a-9d796419f4d7_terseLabel_en-US" xlink:label="lab_fhlbd_LettersofCreditFees" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Letter of credit fees</link:label>
    <link:label id="lab_fhlbd_LettersofCreditFees_label_en-US" xlink:label="lab_fhlbd_LettersofCreditFees" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Letters of Credit Fees</link:label>
    <link:label id="lab_fhlbd_LettersofCreditFees_documentation_en-US" xlink:label="lab_fhlbd_LettersofCreditFees" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Fee income received for providing letters of credit to members.</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_LettersofCreditFees" xlink:href="fhlbd-20260331.xsd#fhlbd_LettersofCreditFees"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_LettersofCreditFees" xlink:to="lab_fhlbd_LettersofCreditFees" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio_019d215e-29ea-7449-9504-54cd2cfc0a7e_terseLabel_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Serious delinquency rate</link:label>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio_label_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Loans and Leases Receivable, Serious Delinquencies Ratio</link:label>
    <link:label id="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio_documentation_en-US" xlink:label="lab_fhlbd_LoansAndLeasesReceivableSeriousDelinquenciesRatio" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Loans that are 90 days or more past due or in the process of foreclosure as a percentage of total mortgage loans outstanding.</link:label>
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    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_019d215e-29ea-72d8-9277-9a6446936d3c_negatedLabel_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:role="http://www.xbrl.org/2009/role/negatedLabel" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount</link:label>
    <link:label id="lab_us-gaap_DebtInstrumentUnamortizedDiscount_label_en-US" xlink:label="lab_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Debt Instrument, Unamortized Discount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DebtInstrumentUnamortizedDiscount"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:to="lab_us-gaap_DebtInstrumentUnamortizedDiscount" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax_019d215e-29ea-77a6-9762-770a7a98a306_verboseLabel_en-US" xlink:label="lab_us-gaap_OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Net unrealized gains (losses) on available-for-sale securities, net of unrealized gains and losses relating to hedged interest rate risk included in net income</link:label>
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    <link:label id="lab_fhlbd_CommonClassB2Member_label_en-US" xlink:label="lab_fhlbd_CommonClassB2Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class B-2 [Member]</link:label>
    <link:label id="lab_fhlbd_CommonClassB2Member_documentation_en-US" xlink:label="lab_fhlbd_CommonClassB2Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Class B-2 [Member]</link:label>
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    <link:label id="lab_ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt_terseLabel_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Expense of Enforcement, Amount</link:label>
    <link:label id="lab_ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt_label_en-US" xlink:label="lab_ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Forgone Recovery due to Expense of Enforcement, Amount</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_ForgoneRecoveryDueToExpenseOfEnforcementAmt"/>
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    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_019d215e-29eb-7dab-b398-76678c0f7a5e_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
    <link:label id="lab_us-gaap_CommonStockParOrStatedValuePerShare_label_en-US" xlink:label="lab_us-gaap_CommonStockParOrStatedValuePerShare" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock, Par or Stated Value Per Share</link:label>
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    <link:label id="lab_fhlbd_SBBLoans_019d215e-2961-7ab3-9399-21a5caecd2be_terseLabel_en-US" xlink:label="lab_fhlbd_SBBLoans" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">SBB Loans</link:label>
    <link:label id="lab_fhlbd_SBBLoans_label_en-US" xlink:label="lab_fhlbd_SBBLoans" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">SBB Loans</link:label>
    <link:label id="lab_fhlbd_SBBLoans_documentation_en-US" xlink:label="lab_fhlbd_SBBLoans" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">SBB Loans</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SBBLoans" xlink:href="fhlbd-20260331.xsd#fhlbd_SBBLoans"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SBBLoans" xlink:to="lab_fhlbd_SBBLoans" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_CharlesSchwabBankSSBMember_019d215e-2961-78ea-90ef-588f7553d182_terseLabel_en-US" xlink:label="lab_fhlbd_CharlesSchwabBankSSBMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Charles Schwab Bank SSB</link:label>
    <link:label id="lab_fhlbd_CharlesSchwabBankSSBMember_label_en-US" xlink:label="lab_fhlbd_CharlesSchwabBankSSBMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Charles Schwab Bank SSB [Member]</link:label>
    <link:label id="lab_fhlbd_CharlesSchwabBankSSBMember_documentation_en-US" xlink:label="lab_fhlbd_CharlesSchwabBankSSBMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Charles Schwab Bank SSB</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CharlesSchwabBankSSBMember" xlink:href="fhlbd-20260331.xsd#fhlbd_CharlesSchwabBankSSBMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_CharlesSchwabBankSSBMember" xlink:to="lab_fhlbd_CharlesSchwabBankSSBMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_019d215e-2961-7c88-8b81-71198057a849_terseLabel_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">External Credit Rating, Non Investment Grade [Member]</link:label>
    <link:label id="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember_label_en-US" xlink:label="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">External Credit Rating, Noninvestment Grade [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_ExternalCreditRatingNonInvestmentGradeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:to="lab_us-gaap_ExternalCreditRatingNonInvestmentGradeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_019d215e-29eb-7905-860b-5ee4ca24b7c1_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Derivative Asset, Fair Value, Gross Liability</link:label>
    <link:label id="lab_us-gaap_DerivativeAssetFairValueGrossLiability_label_en-US" xlink:label="lab_us-gaap_DerivativeAssetFairValueGrossLiability" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Asset, Subject to Master Netting Arrangement, Liability Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeAssetFairValueGrossLiability" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeAssetFairValueGrossLiability"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeAssetFairValueGrossLiability" xlink:to="lab_us-gaap_DerivativeAssetFairValueGrossLiability" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_InsiderTradingArrLineItems_label_en-US" xlink:label="lab_ecd_InsiderTradingArrLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Insider Trading Arrangements [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_InsiderTradingArrLineItems" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_InsiderTradingArrLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_InsiderTradingArrLineItems" xlink:to="lab_ecd_InsiderTradingArrLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear_019d215e-2961-7ce8-aba2-3b53913f53ff_terseLabel_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year</link:label>
    <link:label id="lab_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear_label_en-US" xlink:label="lab_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear" xlink:to="lab_us-gaap_FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_Liabilities_019d215e-2960-7aa2-b9a8-1a90797e4b4f_totalLabel_en-US" xlink:label="lab_us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Total liabilities</link:label>
    <link:label id="lab_us-gaap_Liabilities_label_en-US" xlink:label="lab_us-gaap_Liabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_Liabilities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_Liabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_Liabilities" xlink:to="lab_us-gaap_Liabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds_019d215e-2961-720f-adf0-e458b57a91f6_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Bonds</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds_019d215e-2961-76a1-a358-c81a78a52e7b_totalLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xml:lang="en-US">Bonds</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Consolidated Obligations, Bonds</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:to="lab_us-gaap_FederalHomeLoanBankConsolidatedObligationsBonds" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_CommonClassB1Member_019d215e-29ea-7297-991c-8f791d3f28e9_verboseLabel_en-US" xlink:label="lab_fhlbd_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/verboseLabel" xlink:type="resource" xml:lang="en-US">Capital stock &#8212; Class&#160;B-1 putable ($100 par value) issued and outstanding shares: 10,303,207 and 12,636,851 shares at March 31, 2026 and December&#160;31, 2025, respectively</link:label>
    <link:label id="lab_fhlbd_CommonClassB1Member_019d215e-29ea-756a-b845-c3078ff80488_terseLabel_en-US" xlink:label="lab_fhlbd_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Capital Stock - Class B-1 - Membership/Excess</link:label>
    <link:label id="lab_fhlbd_CommonClassB1Member_label_en-US" xlink:label="lab_fhlbd_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Class B-1 [Member]</link:label>
    <link:label id="lab_fhlbd_CommonClassB1Member_documentation_en-US" xlink:label="lab_fhlbd_CommonClassB1Member" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Common Class B-1 [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_CommonClassB1Member" xlink:href="fhlbd-20260331.xsd#fhlbd_CommonClassB1Member"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_CommonClassB1Member" xlink:to="lab_fhlbd_CommonClassB1Member" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_PnsnAdjsPrrSvcCstMember_terseLabel_en-US" xlink:label="lab_ecd_PnsnAdjsPrrSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pension Adjustments Prior Service Cost</link:label>
    <link:label id="lab_ecd_PnsnAdjsPrrSvcCstMember_label_en-US" xlink:label="lab_ecd_PnsnAdjsPrrSvcCstMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pension Adjustments Prior Service Cost [Member]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_PnsnAdjsPrrSvcCstMember" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_PnsnAdjsPrrSvcCstMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_PnsnAdjsPrrSvcCstMember" xlink:to="lab_ecd_PnsnAdjsPrrSvcCstMember" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems_019d215e-2961-738d-828a-56793e7fc829_terseLabel_en-US" xlink:label="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Schedule of Short-term and Long-term Debt [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems_label_en-US" xlink:label="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Schedule of Short-term and Long-term Debt [Line Items]</link:label>
    <link:label id="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems_documentation_en-US" xlink:label="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Schedule of Short-term and Long-term Debt [Line Items]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:href="fhlbd-20260331.xsd#fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:to="lab_fhlbd_ScheduleOfShortTermAndLongTermDebtLineItems" xlink:type="arc" order="1"/>
    <link:label id="lab_ecd_MtrlTermsOfTrdArrTextBlock_terseLabel_en-US" xlink:label="lab_ecd_MtrlTermsOfTrdArrTextBlock" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Material Terms of Trading Arrangement</link:label>
    <link:label id="lab_ecd_MtrlTermsOfTrdArrTextBlock_label_en-US" xlink:label="lab_ecd_MtrlTermsOfTrdArrTextBlock" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Material Terms of Trading Arrangement [Text Block]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ecd_MtrlTermsOfTrdArrTextBlock" xlink:href="https://xbrl.sec.gov/ecd/2025/ecd-2025.xsd#ecd_MtrlTermsOfTrdArrTextBlock"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ecd_MtrlTermsOfTrdArrTextBlock" xlink:to="lab_ecd_MtrlTermsOfTrdArrTextBlock" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FinancialInstrumentPerformanceStatusDomain_019d215e-2961-71a6-92a2-70c4ace52d0e_terseLabel_en-US" xlink:label="lab_us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Financial Instrument Performance Status [Domain]</link:label>
    <link:label id="lab_us-gaap_FinancialInstrumentPerformanceStatusDomain_label_en-US" xlink:label="lab_us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Financial Instrument Performance Status [Domain]</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FinancialInstrumentPerformanceStatusDomain"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:to="lab_us-gaap_FinancialInstrumentPerformanceStatusDomain" xlink:type="arc" order="1"/>
    <link:label id="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure_019d215e-2961-7e70-9128-c2391b075182_terseLabel_en-US" xlink:label="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Unsecured loans to members included in other assets</link:label>
    <link:label id="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure_label_en-US" xlink:label="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Small Business Boost and Canopy Loans, FV Disclosure</link:label>
    <link:label id="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure_documentation_en-US" xlink:label="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xml:lang="en-US">Small Business Boost and Canopy Loans, FV Disclosure</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:href="fhlbd-20260331.xsd#fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:to="lab_fhlbd_SmallBusinessBoostAndCanopyLoansFVDisclosure" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimSecurities_019d215e-2961-7b69-ab0e-6540a854e2ab_terseLabel_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Derivative, Collateral, Right to Reclaim Securities</link:label>
    <link:label id="lab_us-gaap_DerivativeCollateralRightToReclaimSecurities_label_en-US" xlink:label="lab_us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Security Not Offset</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_DerivativeCollateralRightToReclaimSecurities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:to="lab_us-gaap_DerivativeCollateralRightToReclaimSecurities" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_019d215e-2961-7f10-83ee-94266b434846_terseLabel_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Proceeds from sale of capital stock</link:label>
    <link:label id="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues_label_en-US" xlink:label="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Stock Issued During Period, Value, New Issues</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_StockIssuedDuringPeriodValueNewIssues"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:to="lab_us-gaap_StockIssuedDuringPeriodValueNewIssues" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_FederalHomeLoanBankLeverageRatioActual1_019d215e-2961-7a5c-ac15-d4a7b462b167_terseLabel_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankLeverageRatioActual1" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Leverage Ratio, Actual</link:label>
    <link:label id="lab_us-gaap_FederalHomeLoanBankLeverageRatioActual1_label_en-US" xlink:label="lab_us-gaap_FederalHomeLoanBankLeverageRatioActual1" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Federal Home Loan Bank, Leverage Ratio, Actual</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_FederalHomeLoanBankLeverageRatioActual1" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_FederalHomeLoanBankLeverageRatioActual1"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_FederalHomeLoanBankLeverageRatioActual1" xlink:to="lab_us-gaap_FederalHomeLoanBankLeverageRatioActual1" xlink:type="arc" order="1"/>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_019d215e-2961-7442-b8e0-cdb1b5f8d806_negatedTerseLabel_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:label id="lab_us-gaap_UnamortizedDebtIssuanceExpense_label_en-US" xlink:label="lab_us-gaap_UnamortizedDebtIssuanceExpense" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Unamortized Debt Issuance Expense</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_us-gaap_UnamortizedDebtIssuanceExpense" xlink:href="https://xbrl.fasb.org/us-gaap/2025/elts/us-gaap-2025.xsd#us-gaap_UnamortizedDebtIssuanceExpense"/>
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    <link:label id="lab_dei_EntityIncorporationStateCountryCode_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
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