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Credit Products – Rollover Cash Manager

The Rollover Cash Manager is one of three overnight-funding products we offer. The others are the Daily Cash Manager and the IDEAL Cash Manager.


Key Features
  • Overnight funds with automatic rollover at maturity.
  • Available until 4:00 p.m.
Common Uses
  • Manage daily liquidity needs.
Availability
  • Until 4 p.m., subject to preapproved availability.
Maturity
  • One day, with automatic rollover to a new one-day advance at the prevailing rate.
Rate Set
  • Daily
Disbursement
  • Same day or next day
Repayment
  • This advance will roll over until you call Office Phone icon 1-800-357-3452 (option 2) to instruct us to apply a payment against it by 4 p.m.
Payment of Interest
  • Interest due monthly on the second business day of the month.

  • Interest is calculated on an actual/360-day basis.
Risks
  • The Federal Home Loan Bank of Boston does not act as a financial advisor and members should independently evaluate the suitability and risks of these advances.
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