Federal Home Loan Bank of Dallas: Excess Stock Repurchase on March 26, 2024
March 12, 2024
March 12, 2024
DALLAS, Texas, March 12 -- The Federal Home Loan Bank of Dallas, a district bank in the Federal Home Loan Bank System, issued the following member bulletin (No. 2024-08) on March 11, 2024:
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On March 26, 2024, the Federal Home Loan Bank of Dallas (Bank) will repurchase the portion of members' excess stock identified as surplus stock as of that date. For this repurchase, surplus stock is defined as the amount of capital stock held by a member that exceeds 125 percent . . .
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On March 26, 2024, the Federal Home Loan Bank of Dallas (Bank) will repurchase the portion of members' excess stock identified as surplus stock as of that date. For this repurchase, surplus stock is defined as the amount of capital stock held by a member that exceeds 125 percent . . .