Advances (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Federal Home Loan Bank Advances by Year of Contractual Maturity [Table Text Block]

The following table summarizes the Bank’s advances outstanding by redemption term (dollars in millions):



	March 31, 2020					December 31, 2019
Redemption Term	Amount¹			Weighted Average Interest Rate		Amount¹			Weighted Average Interest Rate
Overdrawn demand deposit accounts	$	5		1.36	%	$	1		2.73	%
Due in one year or less	33,669			1.05		35,432			1.97
Due after one year through two years	19,305			1.71		21,959			2.23
Due after two years through three years	10,264			2.07		8,693			2.33
Due after three years through four years	5,244			2.36		5,109			2.51
Due after four years through five years	7,231			1.93		5,978			2.17
Thereafter	3,441			2.43		3,013			2.72
Total par value	79,159			1.57	%	80,185			2.16	%
Premiums	24					25
Discounts	(5		)			(6		)
Fair value hedging adjustments	579					156
Total	$	79,757				$	80,360


1	Excludes accrued interest receivable of $69 million and $91 million as of March 31, 2020 and December 31, 2019.

The following table summarizes advances by year of redemption term or next call date for callable advances, and by year of redemption term or next put date for putable advances (dollars in millions):



	Redemption Term or Next Call Date				Redemption Term or Next Put Date
	March 31, 2020		December 31, 2019		March 31, 2020		December 31, 2019
Overdrawn demand deposit accounts	$	5	$	1	$	5	$	1
Due in one year or less	48,177		53,156		34,633		36,278
Due after one year through two years	12,855		11,967		19,360		22,101
Due after two years through three years	6,617		5,427		10,320		8,730
Due after three years through four years	3,924		3,802		5,036		5,004
Due after four years through five years	4,558		3,461		6,375		5,069
Thereafter	3,023		2,371		3,430		3,002
Total par value	$	79,159	$	80,185	$	79,159	$	80,185