Documents/FHFB/1: FHLBanks/1.2.2: Credit Rating

1.2.2: Credit Rating

The FHLBank System maintains a triple-A credit rating.

Other Information:

The lowest cost credit is available to FHLBank members when the FHLBank System maintains the highest credit rating. This rating allows the FHLBanks to issue consolidated obligations (the funding source for the FHLBanks’ credit products) at terms that are competitive with other government sponsored enterprises (GSEs), and only slightly higher than U.S. Treasury rates. FHLBank members use advances to finance long-term portfolio investments in residential mortgages, including affordable housing, and to fund small business and agricultural loans.

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