What changed
The Federal Home Loan Bank of Des Moines disclosed a schedule of consolidated obligations with trade dates from September 2 through September 4, 2026. The largest item is a $1,000,000,000 non-callable variable single index floater maturing March 10, 2027. Additional callable fixed-rate notes include $15,000,000 at 5.80% due 2036, $10,000,000 at 4.60% due 2029, and $10,000,000 at 5.01% due 2031, plus a $153,000,000 variable single index floater due 2028.
Why it matters
The Federal Home Loan Bank of Des Moines disclosed a schedule of consolidated obligations with trade dates from September 2 through September 4, 2026. The largest item is a $1,000,000,000 non-callable