Federal Home Loan Bank of Indianapolis 8-K

What Happened
The Federal Home Loan Bank of Indianapolis filed an 8‑K on January 15, 2026, reporting it has or will become the primary obligor on certain FHLBank consolidated obligation bonds. The filing discloses a $150,000,000 consolidated bond (CUSIP 3130B95S5) with trade date 1/13/2026, settlement date 1/15/2026 and maturity date 1/14/2028. The bond is a non‑callable, variable single‑index floater (next pay date 4/14/2026). The consolidated obligations are joint and several obligations of the Federal Home Loan Banks and are not guaranteed by the U.S. government. The report was signed by Lana D. Buchman, Senior Financial Reporting Principal.

Key Details

• Trade Date: 1/13/2026; Settlement Date: 1/15/2026; Maturity Date: 1/14/2028.
• Par amount: $150,000,000; CUSIP: 3130B95S5.
• Rate type: Variable Single Index Floater; Call type: Non‑callable; Next pay date: 4/14/2026.
• Consolidated obligations are joint and several obligations of the FHLBanks and are not guaranteed by the U.S. government; par amounts may differ from GAAP amounts.

Why It Matters
This filing adds a material consolidated obligation for which FHLB Indianapolis is the primary obligor, increasing its long‑term debt exposure by $150 million with a two‑year maturity and variable interest. Investors should note the bond is not U.S. government guaranteed and that par amounts reported may not match amounts on GAAP financial statements; the filing also does not disclose how proceeds will be used. These facts affect the Bank’s credit and interest‑rate exposure and are relevant for assessing liquidity and funding risk.