Federal Home Loan Bank of Indianapolis 8-K

What Happened
The Federal Home Loan Bank of Indianapolis filed an 8‑K on January 20, 2026 announcing it has (or will become on settlement) the primary obligor on a consolidated obligation bond issued by the Federal Home Loan Banks. The bond has a par amount of $10,000,000, a 3.60% coupon and a stated maturity date of March 23, 2027. The filing was signed by Lana D. Buchman, Senior Financial Reporting Principal.

Key Details

• Trade Date: January 15, 2026; CUSIP: 3130B96Y1.
• Settlement Date (stated): November 23, 2026; Maturity Date: March 23, 2027.
• Par amount: $10,000,000; Coupon: 3.600% (fixed/constant).
• Call feature: Optional Principal Redemption (callable); Call style: Bermudan (redeemable on specified recurring dates).
• Consolidated obligations are joint and several obligations of the FHLBanks and are not guaranteed by the U.S. government. The filing notes it excludes consolidated obligations with maturities of one year or less and that par amounts may differ from GAAP amounts.

Why It Matters
This 8‑K informs investors that the Indianapolis FHLBank will be the primary obligor on a specified long‑term consolidated obligation, increasing its share of such joint FHLBank debt. Because consolidated obligations are not U.S. government guaranteed, investors should treat these securities as FHLBank-issued debt rather than sovereign debt. The filing provides specific bond terms (par, coupon, maturity, call provisions) but does not disclose how proceeds will be used or the full set of bond terms.