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Bank Holidays
Bank Announces 2015 Fourth Quarter and Annual Results, Declares Dividend

The Federal Home Loan Bank of Boston announced its preliminary, unaudited fourth quarter and annual financial results for 2015, reporting net income of $75.7 million for the quarter and $289.3 million for the year, the highest annual net income in the company's history, largely due to $184.9 million in litigation settlement income 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, 2015, next month.

The Bank's board of directors also declared a dividend equal to an annual yield of 3.42 percent, the approximate daily average three-month LIBOR yield for the fourth quarter of 2015 plus 300 basis points.

Read the press release Adobe PDF icon.