July 29, 2015
The Federal Home Loan Bank of Boston announced its preliminary, unaudited second quarter results for 2015, reporting record quarterly net income of $149.6 million, which was bolstered by litigation settlement income of $134.7 million, compared with net income of $31.3 million for the second
quarter of 2014.
The Bank's board of directors also declared a dividend equal to an annual yield of 3.28 percent, the approximate daily average three-month LIBOR yield for the second quarter of 2015 plus 300 basis points. The dividend, based on average stock outstanding for the second quarter of 2015, will be paid on August 4, 2015.
Read the press release .