Consolidated Obligations (Tables)

3 Months Ended

Mar. 31, 2020

Debt Disclosure [Abstract]

Schedule of Short-term Debt [Table Text Block]

The following table summarizes the Bank’s discount notes (dollars in millions):

	March 31, 2020					December 31, 2019
	Amount			Weighted Average Interest Rate		Amount			Weighted Average Interest Rate
Par value	$	33,114		1.08	%	$	29,592		1.65	%
Discounts and concessions1	(43		)			(61		)
Total	$	33,071				$	29,531

1

Concessions represent fees paid to dealers in connections with the issuance of certain consolidated obligation discount notes.

Schedule of Maturities of Long-term Debt [Table Text Block]

The following table summarizes the Bank’s bonds outstanding by year of contractual maturity or next call date (dollars in millions):

Year of Contractual Maturity or Next Call Date	March 31, 2020		December 31, 2019
Due in one year or less	$	55,514	$	60,639
Due after one year through two years	15,104		17,643
Due after two years through three years	4,443		4,410
Due after three years through four years	2,746		2,788
Due after four years through five years	3,385		3,376
Thereafter	2,645		2,517
Total par value	$	83,837	$	91,373

The following table summarizes the Bank’s bonds outstanding by contractual maturity (dollars in millions):

	March 31, 2020					December 31, 2019
Year of Contractual Maturity	Amount			Weighted Average Interest Rate		Amount			Weighted Average Interest Rate
Due in one year or less	$	53,646		1.08	%	$	58,106		1.81	%
Due after one year through two years	14,221			1.82		16,997			1.91
Due after two years through three years	3,961			2.30		3,907			2.35
Due after three years through four years	2,841			2.64		3,083			2.53
Due after four years through five years	3,415			2.96		3,503			3.03
Thereafter	5,753			2.87		5,777			3.00
Total par value	83,837			1.52	%	91,373			1.99	%
Premiums	231					217
Discounts and concessions1	(35		)			(38		)
Fair value hedging adjustments	233					1
Total	$	84,266				$	91,553

1

Concessions represent fees paid to dealers in connections with the issuance of certain consolidated obligation bonds.

Schedule of Long-term Debt by Call Feature [Table Text Block]

The following table summarizes the Bank’s bonds outstanding by call features (dollars in millions):

	March 31, 2020		December 31, 2019
Non-callable or non-putable	$	80,454	$	87,246
Callable	3,383		4,127
Total par value	$	83,837	$	91,373