01.08.2014 21:49:00
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Federal Home Loan Banks -- Moody's affirms FHLBank debt and deposit ratings, outlook remains stable
New York, August 01, 2014 -- Moody's Investors Service affirmed the Aaa long-term senior debt and Prime-1 short-term debt ratings of the Federal Home Loan Bank System (FHLBank System) following the announcement that the FHLBanks of Des Moines and Seattle have entered into an exclusivity arrangement regarding a potential merger. Moody's also affirmed the Aaa long-term bank deposit and Prime-1 short-term debt ratings of Federal Home Loan Banks of Des Moines and Seattle (FHLBank of Des Moines and FHLBank of Seattle). The outlook for all ratings is stable.