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Fair Value Disclosures Fair Value (Tables)
 3 Months Ended
Mar. 31, 2024
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block] Fair Value Summary (in thousands)
March 31, 2024
Fair Value
Financial Instruments
Carrying Value (1)
TotalLevel 1Level 2Level 3
Netting Adjustments and Cash Collateral (2)
Assets:  
Cash and due from banks$19,590 $19,590 $19,590 $— $— $— 
Interest-bearing deposits1,725,190 1,725,190 — 1,725,190 — — 
Securities purchased under agreements to resell
1,762,400 1,762,402 — 1,762,402 — — 
Federal funds sold6,255,000 6,255,000 — 6,255,000 — — 
Trading securities2,481,103 2,481,103 — 2,481,103 — — 
Available-for-sale securities9,109,494 9,109,494 — 9,109,494 — — 
Held-to-maturity securities16,538,542 16,244,785 — 16,244,785 — — 
Advances (3)
72,920,800 72,964,164 — 72,964,164 — — 
Mortgage loans held for portfolio
7,171,442 6,326,492 — 6,319,119 7,373 — 
Accrued interest receivable536,496 536,496 — 536,496 — — 
Derivative assets41,103 41,103 — 200,572 — (159,469)
Liabilities:  
Deposits1,098,432 1,098,380 — 1,098,380 — — 
Consolidated Obligations: 
Discount Notes (4)
18,237,647 18,237,262 — 18,237,262 — — 
Bonds (5)
91,868,171 91,055,639 — 91,055,639 — — 
Mandatorily redeemable capital stock
17,046 17,046 17,046 — — — 
Accrued interest payable500,461 500,461 — 500,461 — — 
Derivative liabilities410 410 — 53,614 — (53,204)
(1)For certain financial instruments, the amounts represent net carrying value, which include an allowance for credit losses.
(2)Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.
(3)Includes (in thousands) $239,652 of Advances recorded under the fair value option at March 31, 2024.
(4)Includes (in thousands) $8,330,273 of Consolidated Obligation Discount Notes recorded under the fair value option at March 31, 2024.
(5)Includes (in thousands) $12,315,622 of Consolidated Obligation Bonds recorded under the fair value option at March 31, 2024.
December 31, 2023
Fair Value
Financial Instruments
Carrying Value (1)
TotalLevel 1Level 2Level 3
Netting Adjustments and Cash Collateral (2)
Assets:  
Cash and due from banks$20,824 $20,824 $20,824 $— $— $— 
Interest-bearing deposits1,875,037 1,875,037 — 1,875,037 — — 
Securities purchased under agreements to resell
5,242,480 5,242,482 — 5,242,482 — — 
Federal funds sold6,774,000 6,774,000 — 6,774,000 — — 
Trading securities1,745,742 1,745,742 — 1,745,742 — — 
Available-for-sale securities10,171,588 10,171,588 — 10,171,588 — — 
Held-to-maturity securities16,832,133 16,576,613 — 16,576,613 — — 
Advances (3)
73,553,162 73,499,705 — 73,499,705 — — 
Mortgage loans held for portfolio7,108,334 6,369,152 — 6,359,230 9,922 — 
Accrued interest receivable535,564 535,564 — 535,564 — — 
Derivative assets101,991 101,991 — 154,978 — (52,987)
Liabilities:  
Deposits1,113,704 1,109,999 — 1,109,999 — — 
Consolidated Obligations:  
Discount Notes (4)
23,690,526 23,689,599 — 23,689,599 — — 
Bonds (5)
91,756,430 90,983,204 — 90,983,204 — — 
Mandatorily redeemable capital stock
17,314 17,314 17,314 — — — 
Accrued interest payable422,886 422,886 — 422,886 — — 
Derivative liabilities9,831 9,831 — 57,773 — (47,942)
(1)For certain financial instruments, the amounts represent net carrying value, which include an allowance for credit losses.
(2)Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.
(3)Includes (in thousands) $214,035 of Advances recorded under the fair value option at December 31, 2023.
(4)Includes (in thousands) $14,085,003 of Consolidated Obligation Discount Notes recorded under the fair value option at December 31, 2023.
(5)Includes (in thousands) $20,657,254 of Consolidated Obligation Bonds recorded under the fair value option at December 31, 2023.
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block] Fair Value Measurements (in thousands)
Fair Value Measurements at March 31, 2024
 Total  Level 1Level 2Level 3
Netting Adjustments and Cash Collateral (1)
Recurring fair value measurements - Assets
     
Trading securities:     
U.S. Treasury obligations$1,003,820 $— $1,003,820 $— $— 
GSE obligations
1,477,252 — 1,477,252 — — 
U.S. obligation single-family MBS
31 — 31 — — 
Total trading securities2,481,103 — 2,481,103 — — 
Available-for-sale securities:     
U.S. Treasury obligations6,577,735 — 6,577,735 — — 
GSE obligations119,042 — 119,042 — — 
GSE multi-family MBS2,412,717 — 2,412,717 — — 
Total available-for-sale securities9,109,494 — 9,109,494 — — 
Advances239,652 — 239,652 — — 
Derivative assets:     
Interest rate related40,933 — 200,402 — (159,469)
Mortgage delivery commitments170 — 170 — — 
Total derivative assets41,103 — 200,572 — (159,469)
Total assets at fair value$11,871,352 $— $12,030,821 $— $(159,469)
Recurring fair value measurements - Liabilities
     
Consolidated Obligations:
Discount Notes$8,330,273 $— $8,330,273 $— $— 
Bonds12,315,622 — 12,315,622 — — 
Total Consolidated Obligations20,645,895 — 20,645,895 — — 
Derivative liabilities:     
Interest rate related382 — 53,586 — (53,204)
Mortgage delivery commitments28 — 28 — — 
Total derivative liabilities410 — 53,614 — (53,204)
Total liabilities at fair value$20,646,305 $— $20,699,509 $— $(53,204)
(1)Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.
Fair Value Measurements at December 31, 2023
 Total  Level 1Level 2Level 3
Netting Adjustments and Cash Collateral (1)
Recurring fair value measurements - Assets
     
Trading securities:     
U.S. Treasury obligations$248,688 $— $248,688 $— $— 
GSE obligations
1,497,009 — 1,497,009 — — 
U.S. obligation single-family MBS
45 — 45 — — 
Total trading securities1,745,742 — 1,745,742 — — 
Available-for-sale securities:     
U.S. Treasury obligations7,611,819 — 7,611,819 — — 
GSE obligations119,912 — 119,912 — — 
GSE multi-family MBS2,439,857 — 2,439,857 — — 
Total available-for-sale securities10,171,588 — 10,171,588 — — 
Advances214,035 — 214,035 — — 
Derivative assets:     
Interest rate related100,789 — 153,776 — (52,987)
Mortgage delivery commitments1,202 — 1,202 — — 
Total derivative assets101,991 — 154,978 — (52,987)
Total assets at fair value$12,233,356 $— $12,286,343 $— $(52,987)
Recurring fair value measurements - Liabilities
     
Consolidated Obligations:
Discount Notes
$14,085,003 $— $14,085,003 $— $— 
   Bonds20,657,254 — 20,657,254 — — 
Total Consolidated Obligations34,742,257 — 34,742,257 — — 
Derivative liabilities:     
Interest rate related9,825 — 57,767 — (47,942)
Mortgage delivery commitments6 — 6 — — 
Total derivative liabilities9,831 — 57,773 — (47,942)
Total liabilities at fair value$34,752,088 $— $34,800,030 $— $(47,942)
(1)Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.
Fair Value Option, Disclosures [Table Text Block] Fair Value Option - Financial Assets and Liabilities (in thousands)
Three Months Ended March 31,
Net Gains (Losses) from Changes in Fair Value Recognized in Earnings
20242023
Advances
$(4,504)$33 
Consolidated Discount Notes
1,414 (16,548)
Consolidated Bonds
(5,509)(18,297)
Total net gains (losses)
$(8,599)$(34,812)
Aggregate Unpaid Balance and Aggregate Fair Value (in thousands)
March 31, 2024December 31, 2023
Aggregate Unpaid Principal BalanceAggregate Fair ValueAggregate Fair Value Over/(Under) Aggregate Unpaid Principal BalanceAggregate Unpaid Principal BalanceAggregate Fair ValueAggregate Fair Value Over/(Under) Aggregate Unpaid Principal Balance
Advances
$239,620 $239,652 $32 $209,620 $214,035 $4,415 
Consolidated Discount Notes
8,471,969 8,330,273 (141,696)14,193,486 14,085,003 (108,483)
Consolidated Bonds
12,149,000 12,315,622 166,622 20,481,000 20,657,254 176,254