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Estimated Fair Values (Carrying Value and Fair Value of Financial Instruments) (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Assets    
Trading securities $ 708,603 $ 7,541
Available-for-sale securities 5,516,079 5,772,153
Held-to-maturity Securities 5,153,825 [1] 5,199,875 [1]
Held-to-maturity Securities, Fair Value 5,209,238 5,283,965
Derivative assets 14,441 13,947
Consolidated Obligations    
Discount notes 6,513,829 6,984,378
Bonds 22,041,996 25,697,936
Mandatorily redeemable capital stock 30,086 4,504
Derivative liabilities 9,996 11,268
Carrying Value [Member]
   
Assets    
Cash and due from banks 883,037 920,780
Interest-bearing deposits 368 254
Securities purchased under agreements to resell 500,000 3,000,000
Federal funds sold 1,706,000 2,219,000
Trading securities 708,603 [2] 7,541 [3]
Available-for-sale securities 5,516,079 [2] 5,772,153 [3]
Held-to-maturity Securities 5,153,825 5,199,875
Advances 16,634,235 18,394,797
Mortgage loans held for portfolio, net 96,263 121,478
Accrued interest receivable 78,440 72,531
Derivative assets 14,441 [2] 13,947 [3]
Liabilities    
Deposits 875,896 1,177,964
Consolidated Obligations    
Discount notes 6,513,829 6,984,378
Bonds 22,041,996 25,697,936
Mandatorily redeemable capital stock 30,086 4,504
Accrued interest payable 48,859 53,940
Derivative liabilities 9,996 [2] 11,268 [3]
Estimated Fair Value [Member]
   
Assets    
Cash and due from banks 883,037 920,780
Interest-bearing deposits 368 254
Securities purchased under agreements to resell 500,000 3,000,000
Federal funds sold 1,706,000 2,219,000
Trading securities 708,603 [2] 7,541 [3]
Available-for-sale securities 5,516,079 [2] 5,772,153 [3]
Held-to-maturity Securities, Fair Value 5,209,238 5,283,965
Advances 16,699,795 18,552,112
Mortgage loans held for portfolio, net 105,065 134,562
Accrued interest receivable 78,440 72,531
Derivative assets 14,441 [2] 13,947 [3]
Liabilities    
Deposits 875,896 1,177,961
Consolidated Obligations    
Discount notes, Fair Value 6,514,160 6,985,001
Bonds, Fair Value 22,013,973 25,836,987
Mandatorily redeemable capital stock 30,086 4,504
Accrued interest payable 48,859 53,940
Derivative liabilities 9,996 [2] 11,268 [3]
Estimated Fair Value [Member] | Level 1 [Member]
   
Assets    
Cash and due from banks 883,037 920,780
Interest-bearing deposits 0 0
Securities purchased under agreements to resell 0 0
Federal funds sold 0 0
Trading securities 9,016 [2] 7,541 [3]
Available-for-sale securities 0 [2] 0 [3]
Held-to-maturity Securities, Fair Value 0 0
Advances 0 0
Mortgage loans held for portfolio, net 0 0
Accrued interest receivable 0 0
Derivative assets 0 [2] 0 [3]
Liabilities    
Deposits 0 0
Consolidated Obligations    
Discount notes, Fair Value 0 0
Bonds, Fair Value 0 0
Mandatorily redeemable capital stock 30,086 4,504
Accrued interest payable 0 0
Derivative liabilities 0 [2] 0 [3]
Estimated Fair Value [Member] | Level 2 [Member]
   
Assets    
Cash and due from banks 0 0
Interest-bearing deposits 368 254
Securities purchased under agreements to resell 500,000 3,000,000
Federal funds sold 1,706,000 2,219,000
Trading securities 699,587 [2] 0 [3]
Available-for-sale securities 5,516,079 [2] 5,772,153 [3]
Held-to-maturity Securities, Fair Value 5,022,292 [4] 5,076,751 [4]
Advances 16,699,795 18,552,112
Mortgage loans held for portfolio, net 105,065 134,562
Accrued interest receivable 78,440 72,531
Derivative assets 82,258 [2] 118,714 [3]
Liabilities    
Deposits 875,896 1,177,961
Consolidated Obligations    
Discount notes, Fair Value 6,514,160 6,985,001
Bonds, Fair Value 22,013,973 25,836,987
Mandatorily redeemable capital stock 0 0
Accrued interest payable 48,859 53,940
Derivative liabilities 969,900 [2] 1,344,588 [3]
Estimated Fair Value [Member] | Level 3 [Member]
   
Assets    
Cash and due from banks 0 0
Interest-bearing deposits 0 0
Securities purchased under agreements to resell 0 0
Federal funds sold 0 0
Trading securities 0 [2] 0 [3]
Available-for-sale securities 0 [2] 0 [3]
Held-to-maturity Securities, Fair Value 186,946 [5] 207,214 [5]
Advances 0 0
Mortgage loans held for portfolio, net 0 0
Accrued interest receivable 0 0
Derivative assets 0 [2] 0 [3]
Liabilities    
Deposits 0 0
Consolidated Obligations    
Discount notes, Fair Value 0 0
Bonds, Fair Value 0 0
Mandatorily redeemable capital stock 0 0
Accrued interest payable 0 0
Derivative liabilities 0 [2] 0 [3]
Estimated Fair Value [Member] | Netting Adjustment [Member]
   
Assets    
Cash and due from banks 0 [6] 0 [7]
Interest-bearing deposits 0 [6] 0 [7]
Securities purchased under agreements to resell 0 [6] 0 [7]
Federal funds sold 0 [6] 0 [7]
Trading securities 0 [2],[6] 0 [3],[7]
Available-for-sale securities 0 [2],[6] 0 [3],[7]
Held-to-maturity Securities, Fair Value 0 [6] 0 [7]
Advances 0 [6] 0 [7]
Mortgage loans held for portfolio, net 0 [6] 0 [7]
Accrued interest receivable 0 [6] 0 [7]
Derivative assets (67,817) [2],[6] (104,767) [3],[7]
Liabilities    
Deposits 0 [6] 0 [7]
Consolidated Obligations    
Discount notes, Fair Value 0 [6] 0 [7]
Bonds, Fair Value 0 [6] 0 [7]
Mandatorily redeemable capital stock 0 [6] 0 [7]
Accrued interest payable 0 [6] 0 [7]
Derivative liabilities $ (959,904) [2],[6] $ (1,333,320) [3],[7]
[1] (a)Fair values: $5,209,238 and $5,283,965 at September 30, 2013 and December 31, 2012, respectively.
[2] Financial instruments measured at fair value on a recurring basis as of September 30, 2013.
[3] Financial instruments measured at fair value on a recurring basis as of December 31, 2012.
[4] Consists of the Bank's holdings of U.S. government-guaranteed debentures, U.S. government-guaranteed MBS and GSE MBS.
[5] Consists of the Bank's holdings of non-agency RMBS.
[6] Amounts represent the impact of legally enforceable master netting agreements or other legally enforceable arrangements between the Bank and its derivative counterparties that allow the Bank to offset positive and negative positions as well as the cash collateral held or placed with those same counterparties.
[7] Amounts represent the impact of legally enforceable master netting agreements between the Bank and its bilateral derivative counterparties that allow the Bank to offset positive and negative positions as well as the cash collateral held or placed with those same counterparties.