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| Related Party Transactions | Note 20. Related Party Transactions. Debt Assumptions and Transfers. When debt is transferred or assumed, the transactions would be executed in the ordinary course of the FHLBNY’s business and at negotiated market pricing. Debt assumptions — No debt was assumed from another FHLBank in the nine months ended September 30, 2026, or September 30, 2025. Debt transfers — In May 2026, the FHLBNY transferred floating-rate CO Bonds in par amount of $750 million and discount notes in par amount of $1.0 billion to other FHLBanks. No debt was transferred to another FHLBank in the nine months ended September 30, 2025. Advances Sold or Transferred No advances were transferred or sold to the FHLBNY or from the FHLBNY to another FHLBank in any periods in this report. When an advance is transferred or assumed, the transactions would be executed in the ordinary course of the FHLBNY’s business and at negotiated market pricing. MPF Program Under the MPF Program, the FHLBNY participates portions of its purchases of mortgage loans from its members with the FHLBank of Chicago at market rates. The outstanding balance of the FHLBank of Chicago’s participation interests in the FHLBNY’s MPF loans was $3.4 million at September 30, 2026 and $2.0 million at December 31, 2025. Fees paid to the FHLBank of Chicago for providing MPF program services were $0.2 million and $0.7 million for the three and nine months ended September 30, 2026 and $0.3 million and $0.8 million for the three and nine months ended September 30, 2025. Mortgage-backed Securities No mortgage-backed securities were acquired from other FHLBanks during the periods in this report. Intermediation From time to time, the FHLBNY acts as an intermediary to purchase derivatives to accommodate its smaller members. These derivatives are offset with derivatives purchased from unrelated derivatives dealers. The intermediated derivative transactions with members and derivative counterparties are collateralized. At September 30, 2026 and December 31, 2025, there were no outstanding derivative transactions with members. Loans to Other Federal Home Loan Banks For the nine months ended September 30, 2026, overnight loans extended to other FHLBanks averaged $25.5 million. For the twelve months ended December 31, 2025 overnight loans extended to other FHLBanks averaged $8.4 million. Generally, loans made to other FHLBanks are uncollateralized. Interest income from such loans was immaterial in the periods in this report. Borrowings from Other Federal Home Loan Banks The FHLBNY borrows from other FHLBanks, generally for a period of one day. There were no borrowings from other FHLBanks in the nine months and twelve months ended September 30, 2026 and December 31, 2025, respectively. Sub-lease of Office Space to Another Federal Home Loan Bank The FHLBNY is a lessor of shared office space to another FHLBank for a term through August 2028 at an estimated $0.1 million in annual lease receipts. Cash and Due from Banks The compensating cash balances held at Citibank were $30.0 million at September 30, 2026 and $5.0 million at December 31, 2025. Citibank is a member and stockholder of the FHLBNY. For more information, see Note 3. Cash and Due from Banks. The following tables summarize significant balances and transactions with related parties and transactions (in thousands): Related Party: Outstanding Assets, Liabilities and Capital:
(a)Represents funds not yet allocated or disbursed to AHP programs. Related Party: Income and Expense Transactions:
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