FHLBank Advances Rebound to Record High in Second Quarter
September 28, 2018
The Federal Home Loan Banks reported a record $736.70 billion of advances outstanding at the end of June, rebounding from a sharp decline during the first quarter of the year. Outstanding advances at the midyear point were up 5.4 percent from March even though the volume of new advances originated fell 5.9 percent during that period. Still, advance originations exceeded the repayment of existing loans, which declined ... [Includes two data charts}