Welcome to FHLBNY Financial Intelligence Library! Discover the solutions you need to meet the goals of your institution in this collection. Keep checking back as we curate a financial intelligence hub dedicated to sharing our expertise on everything from funding strategies and the economy to changes in the financial marketplace.

Member Services Desk (MSD) Weekly Market Update

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The Member Services Desk (MSD) Weekly Market Update was developed in response to member feedback and strives to deliver timely, relevant insights that support member business objectives. Each Friday, the update provides an overview of current market trends and key developments.
Member Services Desk Weekly Market Update background with abstract financial graphs and charts
April 17, 2026

MSD Weekly Market Update: Week Ending April 17, 2026

The past week was mostly dictated by Mideast war news, with the ongoing ceasefire instilling a steadier backdrop to markets. Data released over the week was of a second-tier nature and proved inconsequential, in terms of notable rates movements. The Mideast conflict and its impacts should continue to be the dominant driver of markets; for now, markets are in a hopeful pattern that the ceasefire will hold and limit further economic or market repercussions.

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Rebound Banner
The US Economy is gradually re-opening and there are encouraging signs that the coming recovery may indeed be V-shaped. Is such optimism warranted with lingering headwinds from the pandemic still on the horizon…

Managing
Managing deposit costs is more than just pricing. In this second session of the two-part webinar series presented by Parliment Consulting Services, Janet Lockwood presents analytical tools…

iStock
Navigating through this current crisis presents formidable challenges for our members relating to diminished loan demand, a very difficult rate environment….

Webinar SOFR
In this webinar, Rei Shinozuka summarized the history of the London Interbank Offered Rate (LIBOR), and why U.S. dollar rates are transitioning to the Secured Overnight Financing Rate (SOFR)…

Light at the Tunnel
The COVID-19 outbreak has triggered the sharpest contraction in U.S. economic activity and rise in unemployment since the Great Depression…

Webinar PPP
Our members that PPP lending has been a primary focus, with many unknowns still yet to unfold. In this session, we welcome Michael Schor and Sunil Kapur of Deloitte, who will explore topics such as…

Collateral Practices During COVID-19
This educational webinar to explore the issues impacting member collateral during the COVID-19 crisis. Topics will include valuations, loan forbearance programs, acceptance of….

Webinar Side
In this virtual event series, the webinar is a moderated discussion which addresses the current health crisis and its significant impacts on the balance sheets of our members….

Reopenin
Following a period of prolonged economic weakness, the economy is finally heating up and the Federal Reserve is tightening by raising interest rates. While net interest margins are improving for…

Putable Advance
In an effort to provide our members with additional solutions for today’s challenging economic environment, the FHLBNY is pleased to offer the opportunity to modify certain puttable advances into new fixed-rate advance structures…

Podcast feature
In these final episodes of “The Great Transition: LIBOR-SOFR” podcast series, we focus on the various uses of LIBOR in the marketplace as well as what our regulators are doing to help facilitate the transition…

Podcast feature
In episode 3, “Jumping on the SOFR Bandwagon,” we discuss the differences between LIBOR and SOFR-indexed instruments as well as how to leverage the potential benefits of SOFR for your institution…

Podcast feature
The FHLBNY is pleased to present our new podcast series, “The Great Transition: LIBOR-SOFR.” In episode 1, we take a deep dive into the history behind the London Inter-bank Offered Rate (LIBOR) and what you can expect as the industry transitions to SOFR…

AdobeStock
Interest rate risk is a paramount regulatory concern. Managing that risk and being able to justify your balance sheet strategies is critical to success. This session will give our Credit Union membership the tools they need to overcome challenges and make the most of…

Economic Perspectives Recession
Even before it became the longest expansion in U.S. history in July, the longevity of the current business cycle upturn prompted market participants and commentators to look for signs of its impending demise. With real business activity ambling along…

Callable Advance You Have The Power
The Callable Advance was developed in consultation with our members to help meet their changing liquidity needs and to assist in their asset/liability management. The Callable Advance is essentially a Fixed-Rate Advance that gives members the option of calling (terminating)…

Positioning For Success
What if you had the ability, through your membership in the FHLBNY, to optimize your balance sheet, reduce risk, enhance your bottom line, grow capital or invest in your business? Being a member of the Federal Home Loan Bank of New York (FHLBNY) puts you in a powerful position to…

LIBORs Transition to SOFR
The LIBOR Transition is the biggest transformation in financial services today, affecting some $200 trillion of U.S. Dollar transactions. LIBOR is slated for cessation at the end of 2021. Increasingly, financial regulators in the US and UK are speaking out about LIBOR reform…

Amortizing Advances
Some members elect to sell long-term, fixed-rate residential mortgages to the secondary market rather than confront the interest rate risk associated with these loans. Forgoing the spread associated with residential mortgages could be a missed opportunity for financial institutions.

Principal Deferred Advance
The Principal-Deferred Advance (PDA) is a hybrid advance product that combines elements of the Fixed-Rate Advance and the Amortizing Advance. With the PDA, principal payments are deferred for a predetermined period, while the interest rate is locked…

Mirror Mirror
As the current interest rate cycle progresses, the yield curve has inverted with long-term treasury rates testing historic lows. The push on deposit growth in 2018 has left many banks and credit unions with a higher cost of funds than in years past,…

SPA Feature
Federal Home Loan Bank of New York (FHLBNY) members have the ability, at the time of the trade, to add symmetry to certain advances with maturities of one year or greater. The SPA feature allows members to receive compensation for favorable changes…

Achieve Optimal Performance
Following a period of prolonged economic weakness, the economy is finally heating up and the Federal Reserve is tightening by raising interest rates. While net interest margins are improving for many, others are feeling the squeeze…

Now What Navigating Fearlessly
Bring Your ALM Strategies Out of Hibernation this Groundhog’s Day! Presented by Frank L. Farone | Darling Consulting Group (DCG). Designed to address credit union-specific challenges and opportunities, and learn how to properly assess and manage today’s risks…

Making the Right Decisions
In a period of slow economic growth, many credit unions face unprecedented challenges. Pressure on net interest margins, declining fee revenues, and heightened operating regulatory expenses all have contributed to the decline in bottom-line income…

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