Federal Home Loan Bank of Atlanta 8-K
Research Summary
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Federal Home Loan Bank of Atlanta Issues $15M Callable Bond
What Happened
The Federal Home Loan Bank of Atlanta filed a Form 8‑K (Item 2.03) on March 12, 2026 reporting the creation of a direct financial obligation: a consolidated obligation bond for which the Bank is the primary obligor. Trade date was March 10, 2026 and settlement was March 12, 2026. The bond has a par amount of $15,000,000, a coupon of about 4.02%, and a stated maturity of June 11, 2030. The bond is callable (Bermudan optional principal redemption), with the next call date listed as December 11, 2026; the next interest payment date is June 11, 2026. CUSIP: 3130B9VJ6.
Key Details
- Issuer: Federal Home Loan Bank of Atlanta (primary obligor for this consolidated obligation).
- Amount: $15,000,000 par.
- Coupon / rate: ~4.02% (fixed, constant).
- Trade/settlement/maturity: Trade date 3/10/2026; settlement 3/12/2026; maturity 6/11/2030.
- Call features: Bermudan callable (optional principal redemption); next call date 12/11/2026.
- Note: Consolidated obligations are joint and several obligations of the 11 Federal Home Loan Banks, sold through the Office of Finance, and are not guaranteed by the U.S. government.
Why It Matters
This filing notifies investors that the Bank added a medium-term, callable funding instrument to its liabilities. Consolidated obligations are a primary source of funding for Federal Home Loan Banks; being the primary obligor means the Bank is responsible for repayment of this bond’s principal and interest. Investors should note the callable feature (potential early redemption) and that consolidated obligations are backed only by the financial resources of the Federal Home Loan Banks (not the U.S. government). The filing also states the Bank has not made a materiality determination for this specific issue and may change how it reports consolidated obligations in the future.
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