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Activities with Other FHLBanks
3 Months Ended
Mar. 31, 2020
Activities with Other FHLBanks [Abstract]  
Activities with Other FHLBanks [Text Block] Activities with Other FHLBanks

Overnight Funds. The Bank may lend or borrow unsecured overnight funds to or from other FHLBanks. All such transactions are at current market rates. The following table summarizes loan activity to other FHLBanks during the three months ended March 31, 2020 and 2019 (dollars in millions):
Other FHLBank
 
Beginning
Balance
 
Loans
 
Principal
Repayment
 
Ending
Balance
2020
 
 
 
 
 
 
 
 
Boston
 
$

 
$
250

 
$
(250
)
 
$

 
 
 
 
 
 
 
 
 
2019
 
 
 
 
 
 
 
 
Atlanta
 
$

 
$
565

 
$
(565
)
 
$


    
During the three months ended March 31, 2020, the Bank did not borrow funds from other FHLBanks. The following table summarizes borrowing activity from other FHLBanks during the three months ended March 31, 2019 (dollars in millions):
Other FHLBank
 
Beginning
Balance
 
Borrowing
 
Principal Payment
 
Ending
Balance
2019
 
 
 
 
 
 
 
 
Atlanta
 
$
500

 
$

 
$
(500
)
 
$



At March 31, 2020 and 2019, none of the previous transactions were outstanding on the Bank’s Statements of Condition. The interest income and expense related to this activity were immaterial.