Advances (Tables)

3 Months Ended

Mar. 31, 2020

Advances [Abstract]

Advances [Table Text Block]

Table 5.5 - Advances Prepayment Fees (dollars in thousands)
	For the Three Months Ended March 31,
	2020		2019
Prepayment fees received from borrowers	$	838	$	26,186
Hedging fair-value adjustments on prepaid advances	—		527
Net discounts associated with prepaid advances	—		218
Advance prepayment fees recognized in income, net	$	838	$	26,931

Table 5.3 - Advances Outstanding by Year of Contractual Maturity or Next Put Date (dollars in thousands)
	March 31, 2020		December 31, 2019
Overdrawn demand-deposit accounts	$	2,841	$	5,101
Due in one year or less	27,048,822		20,240,466
Due after one year through two years	11,616,542		8,603,422
Due after two years through three years	2,119,533		2,001,019
Due after three years through four years	1,248,574		965,814
Due after four years through five years	1,657,924		1,598,254
Thereafter	1,222,166		1,169,811
Total par value	$	44,916,402	$	34,583,887

Table 5.2 - Advances Outstanding by Year of Contractual Maturity or Next Call Date (dollars in thousands)
	March 31, 2020		December 31, 2019
Overdrawn demand-deposit accounts	$	2,841	$	5,101
Due in one year or less	34,501,542		25,116,961
Due after one year through two years	3,328,292		3,450,922
Due after two years through three years	2,300,413		1,949,499
Due after three years through four years	1,266,774		1,461,314
Due after four years through five years	2,173,774		1,309,679
Thereafter	1,342,766		1,290,411
Total par value	$	44,916,402	$	34,583,887

Table 5.4 - Advances by Current Interest Rate Terms (dollars in thousands)
	March 31, 2020		December 31, 2019
Fixed-rate	$	35,460,466	$	28,106,591
Variable-rate	9,455,936		6,477,296
Total par value	$	44,916,402	$	34,583,887

Table 5.1 - Advances Outstanding by Year of Contractual Maturity (dollars in thousands)
	March 31, 2020					December 31, 2019
	Amount			Weighted Average Rate		Amount			Weighted Average Rate
Overdrawn demand-deposit accounts	$	2,841		0.57	%	$	5,101		2.05	%
Due in one year or less	25,324,147			1.09		18,972,466			1.96
Due after one year through two years	11,478,292			1.05		8,600,922			2.16
Due after two years through three years	2,653,833			2.15		2,200,019			2.16
Due after three years through four years	1,756,774			2.44		1,766,314			2.71
Due after four years through five years	2,335,849			1.75		1,726,754			2.15
Thereafter	1,364,666			2.62		1,312,311			2.68
Total par value	44,916,402			1.28	%	34,583,887			2.10	%
Premiums	3,227					3,397
Discounts	(41,391		)			(41,744		)
Fair value of bifurcated derivatives (1)	53,783					29,983
Hedging adjustments	144,202					19,840
Total (2)	$	45,076,223				$	34,595,363

_________________________

(1) At March 31, 2020, and December 31, 2019, we had certain advances with embedded features that met the requirements to be separated from the host contract and designated as stand-alone derivatives.

(2)

Excludes accrued interest receivable of $46.4 million and $48.1 million at March 31, 2020, and December 31, 2019