Financial Intelligence LIBOR’s Transition to SOFR UPDATE: On March 16, 2020, the FHFA extended to June 30, 2020 the FHLBanks’ ability to enter into LIBOR-based instruments that mature after December 31, 2021, except for investments and option embedded products....
Financial Intelligence Positioning Your Institution for Success What if you had the ability, through your membership in the Federal Home Loan Bank of New York (“FHLBNY”), to optimize your balance sheet, reduce risk, enhance your bottom-line, grow capital or invest in...
Financial Intelligence 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...
Financial Intelligence You Have the Power — Using the Callable Advance for Flexible Funding in Challenging Times The Callable Advance was developed in consultation with our members to help meet their changing liquidity needs and to assist in their asset/liability...
Financial Intelligence What Goes Up Must Come Down—Managing Interest-Rate Risk with the Fixed-Rate with Cap Notice: The Fixed Rate with LIBOR Cap is temporarily suspended as a result of LIBOR cessation. The FHLBNY is no longer offering any structured products that are...
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