Common Contracts
4 similar Joint Capital Enhancement Agreement contracts by Federal Home Loan Bank of Dallas, Federal Home Loan Bank of New York, Federal Home Loan Bank of Pittsburgh, Federal Home Loan Bank of Topeka
Joint Capital Enhancement Agreement Questions and Answers March 1, 2011Joint Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of New York • Federal & federally-sponsored credit agencies
A 1: The Joint Capital Enhancement Agreement among the 12 Federal Home Loan Banks (“FHLBanks”) is intended to provide a Systemwide framework for the use of that portion of the FHLBanks’ earnings historically paid to satisfy their Resolution Funding Corporation (“REFCORP”) obligations. The FHLBanks’ REFCORP obligations are expected to be fully satisfied during the 2011 calendar year. The intent of the Agreement is to set aside that portion of each FHLBank’s earnings historically used to satisfy its REFCORP obligation to enhance the capital position of each individual FHLBank and the FHLBank System.
Joint Capital Enhancement Agreement Questions and Answers March 1, 2011Joint Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of Dallas • Federal & federally-sponsored credit agencies
A 1: The Joint Capital Enhancement Agreement among the 12 Federal Home Loan Banks (“FHLBanks”) is intended to provide a Systemwide framework for the use of that portion of the FHLBanks’ earnings historically paid to satisfy their Resolution Funding Corporation (“REFCORP”) obligations. The FHLBanks’ REFCORP obligations are expected to be fully satisfied during the 2011 calendar year. The intent of the Agreement is to set aside that portion of each FHLBank’s earnings historically used to satisfy its REFCORP obligation to enhance the capital position of each individual FHLBank and the FHLBank System.
Joint Capital Enhancement Agreement Questions and Answers March 1, 2011Joint Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of Topeka • Federal & federally-sponsored credit agencies
A 1: The Joint Capital Enhancement Agreement among the 12 Federal Home Loan Banks (“FHLBanks”) is intended to provide a Systemwide framework for the use of that portion of the FHLBanks’ earnings historically paid to satisfy their Resolution Funding Corporation (“REFCORP”) obligations. The FHLBanks’ REFCORP obligations are expected to be fully satisfied during the 2011 calendar year. The intent of the Agreement is to set aside that portion of each FHLBank’s earnings historically used to satisfy its REFCORP obligation to enhance the capital position of each individual FHLBank and the FHLBank System.
Joint Capital Enhancement Agreement Questions and Answers March 1, 2011Joint Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of Pittsburgh • Federal & federally-sponsored credit agencies
A 1: The Joint Capital Enhancement Agreement among the 12 Federal Home Loan Banks (“FHLBanks”) is intended to provide a Systemwide framework for the use of that portion of the FHLBanks’ earnings historically paid to satisfy their Resolution Funding Corporation (“REFCORP”) obligations. The FHLBanks’ REFCORP obligations are expected to be fully satisfied during the 2011 calendar year. The intent of the Agreement is to set aside that portion of each FHLBank’s earnings historically used to satisfy its REFCORP obligation to enhance the capital position of each individual FHLBank and the FHLBank System.
