8-K - Federal Home Loan Bank of San Francisco | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

The Federal Home Loan Bank of San Francisco disclosed under Item 2.03 the commitment to issue consolidated obligation bonds for which it is the primary obligor, totaling $123,500,000 in principal amount at par, with maturities in 2031 and fixed coupon rates of 4.500% and 4.110%. These obligations are joint and several liabilities of the eleven Federal Home Loan Banks, backed solely by their financial resources.

Key Takeaways

1Consolidated obligation bonds committed on trade dates 3/23/2026 and 3/24/2026 with CUSIPs 3130B9ZS2, 3130BA2B2, 3130BA3F2

2Total par amount $123,500,000: three tranches under 3130B9ZS2 ($68.5M at 4.500%), two under 3130BA2B2 ($20M at 4.500%), one under 3130BA3F2 ($35M at 4.110%)

3All bonds mature 3/25/2031 or 4/09/2031, settle 3/25/2026 or 4/09/2026, next pay 9/25/2026 or 10/09/2026

4Call type: Optional Principal Redemption; styles: Bermudan (first three and next two), European (last); fixed constant rate type

5Excludes discount notes ≤1 year maturity and does not reflect total outstanding obligations or derivatives

6Bank may change reporting method; principal at par may differ from GAAP financial statements

Current Report Details

Event Type

Financing

Disclosure

Mandatory

Variant

8-K

Items Reported

2.03

. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The Federal Home Loan Bank of San Francisco

Financing

Transaction Details

Debt / Financing

Instrument: Consolidated Obligation Bonds (Bonds and Discount Notes)
Principal: 123500000
Rate: 4.500% Fixed Constant4.110% Fixed Constant
Maturity: 2031-03-252031-04-09

Exhibits (1)

8-K

CURRENT REPORT, ITEM 2.03