Callable SOFR-Indexed Floater Advance - FHLBank Boston

All Products & Programs

Advances

With fixed and adjustable rate features, FHLBank Boston’s broad range of advances offers flexible cash flow and payment options to fit members’ business goals.

Mortgage Partnership Finance

The Mortgage Partnership Finance program serves a wide range of secondary market options whether it is enhanced revenue through risk sharing or liquidity by providing ready access to the conventional and government markets.

Housing & Economic Growth

FHLBank Boston members use our suite of housing and community investment programs to expand the stock of affordable housing and promote economic development.

Letters of Credit

Financial institutions use our letters of credit to facilitate residential housing finance and community lending, improve liquidity, and meet a variety of other financing needs.

Correspondent Services

Safekeeping, wire transfer, and other correspondent services from FHLBank Boston help members improve profitability and save time managing their cash positions and securities portfolios.

Online Banking

Offering a user-friendly and intuitive experience, Online Banking enables members to initiate advances, outgoing advance wires, safekeeping trades, letters of credit, and more online.
Rates
Strategies & Insights
All Member Resources

Products & Solutions Guide

Review advance product details and information about eligible collateral, collateral evaluation, and borrowing documentation in the Products + Solutions Guide.

Forms & Applications

Find the form or application you need to effectively use our products and programs.

Capital Stock Requirements

Read about FHLBank Boston’s membership stock investment requirements to complete transactions.

Member Directory

See which banks, credit unions, and insurance companies comprise FHLBank Boston’s membership.

Policies

Learn more about how FHLBank Boston manages operational risk and supports the expansion of fair and equitable homeownership opportunities.

Collateral Overview

Before securing an advance, letter of credit, or a line of credit, get more information about pledging collateral and our collateral review process.

Benefits & Funding Goals

Protects against falling rates
Match funds adjustable-rate assets
Reduces funding costs
Manages prepayment risks

Rate Outlook

Features

Funding Type:

Floating

Terms Limitations:

Out to 20 years

Minimum:

$2 million

Interest Payments:

Quarterly

Principal Due:

At maturity

Putable/Callable:

Yes

Availability:

Two-day forward

Prepayment Eligible:

Yes

Other Products to Consider

Strategies & Insights

Introducing the SOFR Flipper and Callable SOFR-Indexed Floater Advances

Ready to book an advance?

Call the Member Funding Desk at 800-357-3452 or

Log in to Online Banking