The Federal Home Loan Bank of Topeka (“FHLBank”) obtains most of its funds from the sale of debt securities, known as consolidated obligations, in the capital markets. Consolidated obligations, which consist of bonds and discount notes, are by regulation the joint and several obligations of the eleven Federal Home Loan Banks. The Federal Home Loan Banks are regulated by the Federal Housing Finance Agency (the “Finance Agency”) and the Finance Agency regulations authorize the Finance Agency to require any Federal Home Loan Bank to repay all or a portion of the principal of or interest on consolidated obligations for which another Federal Home Loan Bank is the primary obligor. Consolidated obligations are sold to the public through the Office of Finance using authorized securities dealers . Consolidated obligations are backed only by the financial resources of the 11 Federal Home Loan Banks and are not guaranteed by the United States government.
Schedule A sets forth all consolidated obligation bonds and discount notes committed to be issued by the Federal Home Loan Banks, for which the FHLBank is the primary obligor, on the trade dates indicated, other than discount notes with a maturity of one year or less that are issued in the ordinary course of business. Schedule A also includes any consolidated obligations with a remaining maturity in excess of one year, if any, for which we have assumed the primary repayment obligation from another Federal Home Loan Bank.
We may elect to change our method of reporting information on the issuance or assumption of consolidated obligations at any time. In reviewing the information in this Current Report on Form 8-K, please note:
• although consolidated obligations issuance is material to the FHLBank, we have not made a judgment as to the materiality of any particular consolidated obligation or obligations;
• Schedule A does not address any interest-rate exchange agreements (or other derivative instruments) which we may enter into as a result of our asset and liability management strategies and that may be associated, directly or indirectly, with one or more of the reported consolidated obligations;
• Schedule A will not enable a reader to track changes in the total consolidated obligations outstanding for which we are the primary obligor because Schedule A generally excludes consolidated obligation discount notes with a maturity of one year or less and does not reflect whether the proceeds from the issuance of the reported consolidated obligations will be used to, among other things, satisfy called or maturing consolidated obligations. We will report the total consolidated obligations outstanding for which we are the primary obligor in our periodic reports filed with the Securities and Exchange Commission; and
• the principal amounts reported on Schedule A represent the principal amount of the reported consolidated obligations at par, which may not correspond to the amounts reported in our financial statements prepared in accordance with generally accepted accounting principles contained in our periodic reports filed with the Securities and Exchange Commission, because the par amount does not account for, among other things, any discounts, premiums or concessions; and
• Schedule A does not describe types and style of consolidated obligations that are not issued on behalf of, or assumed by, the FHLBank as primary obligor, but that may be issued on behalf of other Federal Home Loan Banks as primary obligors.
Schedule A
TRADE DATE
CUSIP
SETTLEMENT DATE
MATURITY DATE
NEXT PAY DATE
CALL TYPE (1)
CALL STYLE (2)
RATE TYPE/RATE SUB-TYPE (3)(4)
NEXT CALL DATE
COUPON PCT
BANK PAR ($)
11/29/2021
3130AQ4S9
12/01/2021
12/01/2022
06/01/2022
Non-Callable
Fixed Constant
0.125
5,500,000
11/29/2021
3130AQ4X8
12/30/2021
03/30/2026
03/30/2022
Optional Principal Redemption
Bermudan
Fixed Constant
03/30/2022
1.35
15,000,000
11/30/2021
3130AQ5J8
12/02/2021
12/02/2024
03/02/2022
Non-Callable
Variable Single Index Floater
50,000,000
(1) Call Type Description:
Optional Principal Redemption
bonds (callable bonds) may be redeemed by the FHLBank in whole or in part at its discretion on predetermined call dates, according to the terms of the bond.
Indexed Amortizing Notes
(indexed principal redemption bonds) repay principal based on a predetermined amortization schedule or formula that is linked to the level of a certain index, according to the terms of the bond.
Scheduled Amortizing Notes
repay principal based on a predetermined amortization schedule, according to the terms of the bond.
(2) Call Style Description:
Indicates whether the consolidated obligation is redeemable at the option of the FHLBank, and if so redeemable, the type of redemption provision. The types of redemption provisions are:
American Bonds
are redeemable continuously on and after the first redemption date and until maturity.
Bermudan Bonds
are redeemable on specified recurring dates on and after the first redemption date, until maturity.
European Bonds
are redeemable on a particular date only.
Canary Bonds
are redeemable on specified recurring dates on and after the first redemption date until a specified date prior to maturity.
Multi-European Bonds
are redeemable on particular dates only.
(3) Rate Type Description:
Conversion Bonds
have coupons that convert from fixed to variable, or variable to fixed, or a mix of capped coupons and non-capped coupons, or from one variable type to another, or from one U.S. or other currency index to another, according to the terms of the bond.
Fixed Bonds
generally pay interest at constant or stepped fixed rates over the life of the bond, according to the terms of the bond.
Variable Bonds
may pay interest at different rates over the life of the bond, according to the terms of the bond.
(
4) Rate Sub-Type Description:
Constant bonds
generally pay interest at fixed rates over the life of the bond, according to the terms of the bond.
Step Down bonds
generally pay interest at decreasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
Step Up bonds
generally pay interest at increasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
Step Up/Down bonds
generally pay interest at various fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
Capped Floater bonds
have an interest rate that cannot exceed a stated or calculated ceiling, according to the terms of the bond.
Stepped Floater bonds
pay interest based on an increasing spread over an index, according to the terms of the bond.
Range bonds
may pay interest at different rates depending upon whether a specified index is inside or outside a specified range, according to the terms of the bond.
Single Index Floater bonds
pay interest at a rate that increases as an index rises and decreases as an index declines, according to the terms of the bond.
Ratchet Floater bonds
pay interest subject to increasing floors, according to the terms of the bond, such that subsequent coupons may not be lower than the previous coupon.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Federal Home Loan Bank of Topeka
12/02/2021
By: /s/ Brad Gentry
Date
Name: Brad Gentry
Title: VP, Director of Funding, Hedging & Member Product Pricing
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