What changed
The filing describes terms for Federal Home Loan Bank of Des Moines consolidated obligations, including optional principal redemption bonds redeemable at the Bank's discretion on predetermined call dates. It covers indexed amortizing notes tied to a specified index, scheduled amortizing notes with predetermined principal schedules, and call styles including American, Bermudan, European, Canary, and Multi-European. Rate structures include conversion, fixed, and variable bonds, with sub-types such as constant, step up, step down, zero coupon, capped floater, inverse floater, and range bonds. No revenue, EPS, or guidance figures were reported.
Why it matters
The filing describes terms for Federal Home Loan Bank of Des Moines consolidated obligations, including optional principal redemption bonds redeemable at the Bank's discretion on predetermined call da