What changed
The exhibit outlines terms for consolidated obligations, including callable bonds redeemable at the Bank’s discretion on predetermined dates and indexed amortizing notes that repay principal based on a linked index. It defines call styles such as American, Bermudan, European, Canary, and Multi-European, and rate types including fixed, variable, and conversion bonds. Rate sub-types cover constant, step up/down, zero coupon, capped floater, dual index floater, leveraged/deleveraged, inverse floater, stepped floater, range, single index floater, and ratchet floater bonds. No revenue, EPS, or guidance figures were provided in the filing.