v3.26.1
Activities with Other FHLBanks
6 Months Ended
Jun. 30, 2026
Activities with Other FHLBanks [Abstract]  
Activities with Other FHLBanks [Text Block] Activities with Other FHLBanks
    Overnight Funds. The Bank may lend or borrow unsecured overnight funds to or from other FHLBanks. All such transactions are at current market rates. The following table summarizes loan activity to other FHLBanks during the six months ended June 30, 2026 and 2025 (dollars in millions):
Other FHLBankBeginning
Balance
LoansPrincipal
Repayment
Ending
Balance
2026
Chicago$— $$(1)$— 
San Francisco— 400 (400)— 
$— $401 $(401)$— 
2025
Boston
$— $300 $(300)$— 
Chicago
— (5)— 
San Francisco— 500 (500)— 
$— $805 $(805)$— 

The following table summarizes borrowing activity from other FHLBanks during the six months ended June 30, 2026 and 2025 (dollars in millions):
Other FHLBankBeginning BalanceBorrowingPrincipal PaymentEnding Balance
2026
New York$— $1,500 $(1,500)$— 
2025
Cincinnati$— $250 $(250)$— 
New York— 700 (700)— 
San Francisco— 500 (500)— 
Topeka— 250 (250)— 
$— $1,700 $(1,700)$— 
Consolidated Obligations. From time to time, one FHLBank may transfer consolidated obligations to another FHLBank, and upon transfer, the assuming FHLBank becomes the primary obligor. During the six months ended June 30, 2026, the Bank assumed a consolidated obligation discount note with a par value of $1.0 billion from the FHLBank of New York.