CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended
	Aug. 31, 2023	Aug. 31, 2022
Cash flows from operating activities:
Net income	$ 228,284	$ 161,874
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of deferred loan fees	(1,698)	(1,974)
Amortization of debt issuance costs and discounts	7,177	7,123
Amortization of guarantee fee	5,121	4,653
Depreciation and amortization	2,720	1,311
Provision for credit losses	800	3,496
Loss on early extinguishment of debt	939	0
Unrealized (gains) losses on equity and debt securities	(4,038)	2,446
Derivative forward value gains	(162,018)	(104,372)
Advances on loans held for sale	(39,000)	(69,000)
Proceeds from sales of loans held for sale	39,000	112,800
Changes in operating assets and liabilities:
Accrued interest receivable	(4,628)	(20,338)
Accrued interest payable	62,214	66,972
Deferred income	196	740
Other	(18,855)	(20,216)
Net cash provided by operating activities	116,214	145,515
Cash flows from investing activities:
Advances on loans held for investment, net	(563,112)	(667,442)
Investments in fixed assets, net	(1,085)	(4,532)
Purchase of trading securities	0	(48,276)
Proceeds from sales and maturities of trading securities	51,191	46,170
Net cash used in investing activities	(513,006)	(674,080)
Cash flows from financing activities:
Proceeds from short-term borrowings ≤ 90 days, net	182,251	310,868
Proceeds from short-term borrowings with original maturity > 90 days	1,150,142	654,762
Repayments of short-term borrowings with original maturity > 90 days	(754,333)	(675,971)
Proceeds from issuance of long-term debt, net of discount and issuance costs	432,366	724,300
Payments for retirement of long-term debt	(510,743)	(408,323)
Payments for issuance costs for subordinated deferrable debt	(185)	0
Payments for retirement of subordinated deferrable debt	(100,000)	0
Proceeds from issuance of members’ subordinated certificates	0	3,330
Payments for retirement of members’ subordinated certificates	(1,100)	(963)
Repayments for membership fees, net	(1)	0
Net cash provided by financing activities	398,397	608,003
Net increase in cash, cash equivalents and restricted cash	1,605	79,438
Beginning cash, cash equivalents and restricted cash	207,237	161,114
Ending cash, cash equivalents and restricted cash	208,842	240,552
Supplemental disclosure of cash flow information:
Cash paid for interest	248,345	139,482
Cash paid for income taxes	$ 260	$ 2