Financial Intelligence FHLBNY Municipal Letters of Credit Published on March 31, 2023 Secure Municipal Deposits The Federal Home Loan Bank of NY (FHLBNY) is a highly-rated* government-chartered institution that issues widely-accepted Irrevocable Letters of Credit...
Financial Intelligence Be Prepared for a New Point in the Interest Rate Cycle With economic activity expanding at an above-trend pace and consumer prices climbing at the fastest pace in four decades, we are entering a new phase of the interest-rate cycle with the...
Financial Intelligence FHLBNY Advance Rebate Program The Federal Home Loan Bank of New York’s (FHLBNY) Advance Rebate Program provides members an opportunity to receive a cash rebate when prepaying an Eligible Advance1 and rebooking a new advance within a 30-day...
Financial Intelligence Interest Rate Swaps: Consider All the Options in Managing Interest Rate Risk Interest Rate Swaps can be an effective tool in managing asset/liability mismatches present in many of our member’s balance sheets. Mismatches occur when a member funds...
Financial Intelligence Collateralize Municipal Deposits with Letters of Credit Published in NJ Bankers Magazine, Issue 2, 2021 Article by Thomas Settino, Vice President and Director of Member Relations, FHLBNY • • • • • • • • The Federal Home Loan Bank of New York...
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