Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 12 - Banks and Banking |
Chapter IX - Federal Housing Finance Board |
SubChapter G - Federal Home Loan Bank Assets and off-Balance Sheet Items |
Part 956 - FEDERAL HOME LOAN BANK INVESTMENTS |
§ 956.5 - Authorization for derivative contracts and other transactions.
Latest version.
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A Bank may enter into the following types of transactions:
(a) Derivative contracts;
(b) Standby letters of credit, pursuant to the requirements of part 960 of this chapter;
(c) Forward asset purchases and sales;
(d) Commitments to make advances; and
(e) Commitments to make or purchase other loans.