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Retained Earnings

The Federal Home Loan Bank of Boston (the Bank) sent a letter to members regarding the adoption of a revised retained earnings target range.

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AHP to Fund 28 Initiatives

The Bank awarded more than $17.5 million in grants, loans, and rate subsidies to fund 28 initiatives in the first round of its 2008 Affordable Housing Program.

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FDIC Comment Period

The Bank sent a letter to members regarding the FDIC comment period on covered bonds.

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Bank Declares Q2 Dividend

The board of directors of the Federal Home Loan Bank of Boston declared a second quarter dividend rate with an equivalent annual yield of 4.00 percent. The dividend, based on average stock outstanding for the first quarter, will be paid on June 3, 2008.

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MEMBER CENTER
Member Center is members' headquarters for the latest information about the Bank's specials, credit products and services, community-development programs, events, and more.


SPECIALS
July 23, 2008 - Long-Term Bullet Advance Special Offering
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FUNDING OPPORTUNITIES & SOLUTIONS
20-year FNMA MBS Funding Strategies
A member institution with about $1.5 billion in assets requested a funding strategy model to fund $20 million of 20-year FNMA MBS with a coupon of 5.50 percent, which was trading at a slight discount.
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A CLOSER LOOK AT COMMUNITY LENDING
A Converted School Provides Accessible Housing in Bridgeport
Olde School Commons provides much-needed affordable housing for handicapped residents in Bridgeport, Connecticut.
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EVENTS
- MPF Webinar Series: July through September
July 17, 2008 - Member Outreach Meeting and Golf Tournament
July 23, 2008 - AHP Training Webinar
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