FHLB Bond Rules Create a New Market, and a Near Monopoly

Maurice, Alex
June 2001
Bond Buyer;06/08/2001, Vol. 336 Issue 31156, p35
Trade Publication
Focuses on the implications of investment regulation changes for the Federal Home Loan Bank (FHLB) system in California. Provision of FHLB the authority to purchase housing agency bonds; Issuance of taxable bonds by a number of state housing agencies; Provisions of mortgages to qualified low- and moderate-income homebuyers.


Related Articles

  • Federal agencies.  // Investment Dealers' Digest;02/01/99, Vol. 65 Issue 5, p44 

    Lists bonds issued by the federal home loan banks, as of the week of February 1, 2000.

  • Recent Developments Under the Community Reinvestment Act: 1991—1992. Broderick, Patrick A.; Teitelbaum, David E. // Business Lawyer;May93, Vol. 48 Issue 3, p1063 

    Focuses on the developments related to Community Reinvestment Act (CRA) of 1977 under the Consumer Financial Services survey in the United States. Requirements for geographic analysis for lending; Regulations regarding access to long term Federal Home Loan Bank; Discussion on regulatory...

  • FHLB Issued $756B of Debt in 1st Quarter.  // American Banker;7/28/1999, Vol. 164 Issue 143, p10 

    Examines a report by the Federal Home Loan Bank System (FHLBS) demonstrating an increase in the aggregate issuance of bonds and discount notes in the first quarter. Review of the FHLBS.

  • Federal Home Loan Bank Launches 30-Year Bonds. Roberts, Ed // Credit Union Journal;7/24/2006, Vol. 10 Issue 29, p10 

    The article focuses on the Federal Home Loan Bank's (FHLB) launch of a 30-year global bonds. The 5.5 percent bonds, which is due on July 15, 2036, were priced at 98.656 to yield 5.593 percent or 47 basis points over comparable treasuries. FHLB is one of the acceptable issuers of credit union...

  • FHLB System Unveils Daily Callable Auctions.  // National Mortgage News;07/17/2000, Vol. 24 Issue 43, p27 

    Reports that the Federal Home Loan Bank System has announced the daily auction of callable bond issues in the United States.

  • Federal Home Loan Banks Aren't Just About Housing These Days. Kinnander, Ola // Bond Buyer;04/02/2001, Vol. 336 Issue 31109, p1 

    Focuses on the role played by federal home loan banks in economic development in the United States. Bond issuance resulting from the growing involvement of federal home loan banks in economic development; Areas of economic development where federal home loan banks are currently involved with;...

  • Covered Bonds Stoke Fears. BORAK, DONNA // American Banker;3/14/2011, Vol. 176 Issue 39, p2 

    The article discusses the idea that a covered bond market, which is supported by some legislators in the U.S. House of Representatives, could have adverse effects on smaller institutions such as community banks and refers to the Federal Home Loan Banking System as a covered bond market that...

  • Bankers Concerned Senate May Hobble Mortgage Finance. Anason, Dean // American Banker;7/19/2000, Vol. 165 Issue 137, p4 

    Reports that banking industry lobbyists are trying to prevent Senator Christopher S. Bond from proposing legislation that would stop the United States Federal Home Loan Bank System's controversial mortgage finance program. Permissible investments by Home Loan banks; Cap on the assets of...

  • Bill for More FHLB Guarantees. Sloan, Steven // American Banker;5/3/2007, Vol. 172 Issue 85, p3 

    The article reports on proposed legislation that would authorize Federal Home Loan banks to back tax-exempt bonds with standby letters of credit. U.S. Rep. Sander Levin of Michigan introduced the bill, which would have the effect of reducing costs to issue bonds for local projects. The letters...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics