JOINT CAPITAL ENHANCEMENT AGREEMENTJoint Capital Enhancement Agreement • August 5th, 2011 • Federal Home Loan Bank of Chicago • Federal & federally-sponsored credit agencies • New York
This Joint Capital Enhancement Agreement, as amended, was entered into by each of the undersigned Federal Home Loan Banks (each a “Federal Home Loan Bank” and collectively the “Federal Home Loan Banks”) as of the Effective Date, and has been amended as of the Amendment Effective Date.
August 5, 2011 FHLBanks' Joint Capital Enhancement Agreement To Our Members:Federal Home Loan Bank of Chicago • August 5th, 2011 • Federal & federally-sponsored credit agencies
On February 28, 2011, the 12 Federal Home Loan Banks (FHLBanks) entered into a Joint Capital Enhancement Agreement (Agreement) intended to enhance the capital position of each FHLBank. I am pleased to announce that the FHLBanks have implemented the provisions of the Agreement. In order to do so, FHLB Chicago has amended its capital plan submission to the Federal Housing Finance Agency (FHFA) and the other 11 FHLBanks have amended their capital plans.
