Federal Home Loan Bank of New York 8-K

What Happened
The Federal Home Loan Bank of New York filed a Form 8-K on January 15, 2026, reporting that it has commitments to issue consolidated obligations (bonds and discount notes) for which it is the primary obligor. Consolidated obligations are sold through the Office of Finance via authorized dealers and constitute the primary source of the Bank’s funding.

Key Details

• Filing date: January 15, 2026.
• Consolidated obligations = bonds and discount notes that are the joint and several obligations of the eleven Federal Home Loan Banks (FHLBanks).
• Consolidated obligations are not guaranteed by the U.S. government; they are backed only by the financial resources of the eleven FHLBanks.
• The Federal Housing Finance Agency (FHFA) can require any FHLBank to repay principal or interest on obligations for which another FHLBank is the primary obligor.
• Schedule A (filed with the 8-K) lists the consolidated obligation bonds and discount notes committed to be issued by the FHLBanks for which this Bank is the primary obligor, but generally excludes discount notes maturing in one year or less and reports principal at par (which may differ from GAAP amounts).

Why It Matters
This filing informs investors that the Bank is taking on primary repayment responsibility for certain debt securities, which affects its funding and liability profile. Because consolidated obligations are not U.S. government-guaranteed and are a shared obligation of all FHLBanks, investors should watch the Bank’s periodic SEC reports for the total consolidated obligations outstanding and for any details on how proceeds or assumed obligations may affect the Bank’s balance sheet. The Schedule A in the filing provides issuance details but does not by itself show the Bank’s full consolidated-obligation exposure.