February 19, 2015
The Federal Home Loan Bank of Boston announced its preliminary, unaudited fourth quarter and annual financial results for 2014, reporting net income of $34.5 million for the quarter and $149.8 million for the year. The Bank expects to file its annual report with the Securities and Exchange Commission on Form 10-K for the year ending December 31, 2014, next month.
The Bank's board of directors also declared a dividend equal to an annual yield of 1.74 percent, the approximate daily average three-month LIBOR yield for the fourth quarter of 2014 plus 150 basis points.
Read the press release .