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Physical
All physical securities requiring split or re-registration, except
registered Certificates of Deposit, will be forwarded to the transfer
agent within 48 hours of receipt of re-registration instructions.
Book Entry
All securities which are book-entry eligible will be maintained
in book-entry form unless the Federal Home Loan Bank of Boston
grants an exception, in which case the security may be re-registered
in the member's name. If the Bank receives a request to re-register
a security in any other name, it will be re-registered, withdrawn
from the account and returned to the member.
Note: Member will be notified if additional documentation is required
or if problems arise.
Securities placed into transfer should not be sold within five
days of actual settlement if the agent is located in New York, or
15 days if the agent is not.
Any out-of-pocket expenses for transfer/re-registration that
may be incurred by the Federal Home Loan Bank of Boston will be
passed on to the member.
For more information, contact the Safekeeping Department at
safekeeping@fhlbboston.com
or 1-800-358-9709.
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