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Federal Home Loan Bank Liabilities

Publication Details
Type
Final Rule
Document Number
2011-7832
Federal Register Publish Date
04/04/2011
Federal Register Citation
76 FR 18366
PDF Format
Effective Date
05/04/2011
Rulemaking Details
Rulemaking

Federal Home Loan Bank Liabilities

04/04/2011
Number
RIN-2590-AA36
Group
FHL Banks
CFR
12 CFR 1270; 12 CFR 965; 12 CFR 966; 12 CFR 969; 12 CFR 987
Effective Date

Federal Home Loan Bank Liabilities

Contact Information

FOR FURTHER INFORMATION CONTACT: ​Joseph A. McKenzie, Chief Economist, Federal Home Loan Bank and System Analysis, (202) 408–2845, Federal Housing Finance Agency, 1625 Eye Street, NW., Washington, DC 20006; or Thomas E. Joseph, Senior Attorney-Advisor, (202) 414–3095, Office of General Counsel, Federal Housing Finance Agency, Fourth Floor, 1700 G Street, NW., Washington, DC 20552. If you are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services. Additionally, the TDD 1-(800) number referenced in Rulemaking documents attached to this page is obsolete and the 7-1-1 number should be used.

Summary

SUMMARY: The Federal Housing Finance Agency (FHFA) is re-organizing and readopting existing Federal Housing Finance Board (Finance Board) regulations dealing with consolidated obligations (COs), as well as related regulations addressing other authorized Federal Home Loan Bank (Bank) liabilities and book-entry procedures for COs, as new part 1270 of the FHFA regulations. The final rule amends these regulations to reflect statutory amendments made to section 11(c) of the Federal Home Bank Act (Bank Act) with regard to the issuance of COs. Otherwise, FHFA is re-adopting most of the regulatory provisions addressed in this rulemaking without substantive change.

DATES: This rule will become effective on May 4, 2011.​