v3.26.1
Equity Investments (Tables)
 6 Months Ended
Jun. 30, 2026
Investments, Debt and Equity Securities [Abstract]  
Schedule of Carrying Value of Equity Investments The carrying value of a trading security equals its fair value. The following table provides security types at June 30, 2026 and
December 31, 2025 (in thousands):
Fair value
June 30, 2026
December 31, 2025
U.S. Treasury notes
$10,433,522
$7,387,187
Total trading securities
$10,433,522
$7,387,187
The FHLBNY has classified its grantor trusts as equity investments. The carrying value of equity investments in the Statements of
Condition, and the types of assets in the grantor trusts were as follows (in thousands):
June 30, 2026
Amortized
Cost
Gross
Unrealized
Gains (b)
Gross
Unrealized
Losses (b)
Fair Value
(c)
Cash equivalents
$5,683
$—
$—
$5,683
Equity funds
41,917
43,082
(20,641)
64,357
Fixed income funds
39,043
7,623
(7,795)
38,872
Total Equity Investments (a)
$86,643
$50,705
$(28,436)
$108,912
December 31, 2025
Amortized
Cost
Gross
Unrealized
Gains (b)
Gross
Unrealized
Losses (b)
Fair Value
(c)
Cash equivalents
$5,804
$—
$—
$5,804
Equity funds
41,336
30,824
(13,897)
58,263
Fixed income funds
39,351
6,505
(6,216)
39,640
Total Equity Investments (a)
$86,491
$37,329
$(20,113)
$103,707
(a)The intent of the grantor trusts is to set aside cash to meet current and future payments for a supplemental unfunded pension
plan. Neither the pension plans nor the employees of the FHLBNY own the trusts.
(b)Changes in unrealized gains and losses are recorded through earnings, specifically in Other income in the Statements of Income.
(c)The grantor trusts invest in money market, equity and fixed income and bond funds. Daily net asset values (NAVs) are readily
available and investments are redeemable at short notice. NAVs are the fair values of the funds in the grantor trusts. The grantor
trusts are owned by the FHLBNY.