Bulletins
Bulletin 20
Update to the Putable Advance Modification Program
The Federal Home Loan Bank of New York is pleased to announce that the Putable Advance Modification Program has expanded: previously modified Putable Advances can now be re-modified into either a new Putable or a new Fixed-Rate Advance.
Eligible Advances under the expansion of the Modification Program are subject to the same guidelines and controls of the existing program. In addition, Advances being re-modified must have a maturity and effective duration greater than or equal to the original Advance. Other provisions may apply.
If you would like more information on the Modification Program or would like to see if there are Advances in your portfolio that qualify, please contact your Relationship Manager at (212) 441-6700
Latest News
07/25/2024
FHLBNY Announces Second Quarter 2024 Operating Highlights
07/22/2024
The 2024 Small Business Recovery Grant Program
07/09/2024
Report from the President: Making an Impact
12/03/2021
Updates to the 2022 Fee Schedules
07/30/2020
FHLBNY CICA Disaster Relief Funding: Eligibility Expansion