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Fair Value (Carrying Value and Fair Value of Financial Instruments) (Details) - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Assets        
Cash and due from banks $ 118 $ 13    
Trading securities 1,766 661    
Available-for-sale (AFS) securities [1] 15,495 6,931    
HTM securities, Carrying Value [2],[3] 7,545 11,089    
HTM Securities, Fair Value 7,566 11,047    
Accrued interest receivable 139 133    
Derivative assets, net 33 185    
Derivative Assets 44 86    
Derivative Asset, Netting adjustments [4] 11 (99)    
Liabilities        
Mandatorily redeemable capital stock 138 227 $ 309 $ 457
Borrowings from other FHLBanks 0 250    
Accrued interest payable 164 155    
Derivative liabilities, net 0 10    
Derivative Liabilities 384 147    
Derivative Liability, Netting adjustments [4] (384) (137)    
Carrying Value        
Assets        
Cash and due from banks 118 13    
Interest-bearing deposits 2,269 2,555    
Securities purchased under agreements to resell 7,000 7,300    
Federal funds sold 3,562 3,845    
Trading securities 1,766 661    
Available-for-sale (AFS) securities 15,495 6,931    
HTM securities, Carrying Value 7,545 11,089    
Advances 65,374 73,434    
Mortgage loans held for portfolio, net of allowance for credit losses on mortgage loans 3,314 3,066    
Accrued interest receivable 139 133    
Derivative assets, net [5] 33 185    
Other assets [6] 19 16    
Liabilities        
Deposits 537 262    
Total consolidated obligations 98,748 101,458    
Mandatorily redeemable capital stock 138 227    
Borrowings from other FHLBanks   250    
Accrued interest payable 164 155    
Derivative liabilities, net [5] 0 10    
Estimated Fair Value        
Assets        
Cash and due from banks 118 13    
Interest-bearing deposits 2,269 2,555    
Securities purchased under agreements to resell 7,000 7,299    
Federal funds sold 3,562 3,846    
Trading securities 1,766 661    
Available-for-sale (AFS) securities 15,495 6,931    
HTM Securities, Fair Value 7,566 11,047    
Advances 65,492 73,462    
Mortgage loans held for portfolio, net of allowance for credit losses on mortgage loans 3,332 2,975    
Accrued interest receivable 139 133    
Derivative assets, net [5] 33 185    
Other assets [6] 19 16    
Liabilities        
Deposits 537 262    
Total consolidated obligations 98,764 101,257    
Mandatorily redeemable capital stock 138 227    
Borrowings from other FHLBanks   250    
Accrued interest payable 164 155    
Derivative liabilities, net [5] 0 10    
Level 1        
Assets        
Cash and due from banks 118 13    
Interest-bearing deposits 2,269 2,555    
Securities purchased under agreements to resell 0 0    
Federal funds sold 0 0    
Trading securities 0 0    
Available-for-sale (AFS) securities 0 0    
HTM Securities, Fair Value 0 0    
Advances 0 0    
Mortgage loans held for portfolio, net of allowance for credit losses on mortgage loans 0 0    
Accrued interest receivable 0 0    
Derivative Assets 0 0 [5]    
Other assets [6] 19 16    
Liabilities        
Deposits 0 0    
Total consolidated obligations 0 0    
Mandatorily redeemable capital stock 138 227    
Borrowings from other FHLBanks   0    
Accrued interest payable 0 0    
Derivative Liabilities 0 0 [5]    
Level 2        
Assets        
Cash and due from banks 0 0    
Interest-bearing deposits 0 0    
Securities purchased under agreements to resell 7,000 7,299    
Federal funds sold 3,562 3,846    
Trading securities 1,766 661    
Available-for-sale (AFS) securities 12,898 3,774    
HTM Securities, Fair Value 7,181 10,362    
Advances 65,492 73,462    
Mortgage loans held for portfolio, net of allowance for credit losses on mortgage loans 3,332 2,975    
Accrued interest receivable 139 133    
Derivative Assets [5] 44 86    
Derivative Asset, Netting adjustments [5] (11) 99    
Other assets [6] 0 0    
Liabilities        
Deposits 537 262    
Total consolidated obligations 98,764 101,257    
Mandatorily redeemable capital stock 0 0    
Borrowings from other FHLBanks   250    
Accrued interest payable 164 155    
Derivative Liabilities [5] 384 147    
Derivative Liability, Netting adjustments [5] (384) (137)    
Level 3        
Assets        
Cash and due from banks 0 0    
Interest-bearing deposits 0 0    
Securities purchased under agreements to resell 0 0    
Federal funds sold 0 0    
Trading securities 0 0    
Available-for-sale (AFS) securities 2,597 3,157    
HTM Securities, Fair Value 385 685    
Advances 0 0    
Mortgage loans held for portfolio, net of allowance for credit losses on mortgage loans 0 0    
Accrued interest receivable 0 0    
Derivative Assets 0 0 [5]    
Other assets [6] 0 0    
Liabilities        
Deposits 0 0    
Total consolidated obligations 0 0    
Mandatorily redeemable capital stock 0 0    
Borrowings from other FHLBanks   0    
Accrued interest payable 0 0    
Derivative Liabilities 0 0 [5]    
Standby letters of credit | Carrying Value        
Other        
Other commitments 32 27    
Standby letters of credit | Estimated Fair Value        
Other        
Other commitments 32 27    
Standby letters of credit | Level 1        
Other        
Other commitments 0 0    
Standby letters of credit | Level 2        
Other        
Other commitments 32 27    
Standby letters of credit | Level 3        
Other        
Other commitments 0 0    
Discount notes | Carrying Value        
Liabilities        
Discount notes 27,376 29,182    
Discount notes | Estimated Fair Value        
Liabilities        
Discount notes 27,378 29,178    
Discount notes | Level 1        
Liabilities        
Discount notes 0 0    
Discount notes | Level 2        
Liabilities        
Discount notes 27,378 29,178    
Discount notes | Level 3        
Liabilities        
Discount notes 0 0    
Bonds        
Liabilities        
Bonds 337 2,019    
Bonds | Carrying Value        
Liabilities        
Bonds 71,372 72,276    
Bonds | Estimated Fair Value        
Liabilities        
Bonds 71,386 72,079    
Bonds | Level 1        
Liabilities        
Bonds 0 0    
Bonds | Level 2        
Liabilities        
Bonds 71,386 72,079    
Bonds | Level 3        
Liabilities        
Bonds $ 0 $ 0    
[1]
At December 31, 2019, $381 of these securities were pledged as collateral that may be repledged. At December 31, 2018, none of these securities were pledged as collateral that may be repledged.
[2]
Amortized cost includes unpaid principal balance, unamortized premiums and discounts, and previous OTTI recognized in earnings. The carrying value of HTM securities represents amortized cost after adjustment for non-credit-related OTTI recognized in AOCI.
[3]
At December 31, 2019 and 2018, none of these securities were pledged as collateral that may be repledged.
[4]
Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions, and also cash collateral and related accrued interest held or placed with the same clearing agents and/or counterparty. Cash collateral posted and related accrued interest was $378 and $257 at December 31, 2019 and 2018, respectively. Cash collateral received and related accrued interest was $5 and $22 at December 31, 2019 and 2018, respectively.
[5]
Amounts represent the application of the netting requirements that allow the Bank to settle positive and negative positions, and also cash collateral and related accrued interest held or placed with the same clearing agents and/or counterparty.
[6]
Represents publicly traded mutual funds held in a grantor trust.