On April 28, 2022, FHLBank Indianapolis issued its first-quarter 2022 earnings release.
Our Board of Directors declared its first quarter 2022 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.50% and 1.00%, respectively. The higher dividend rate on activity-based stock reflects the Board's discretion under our amended capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs.
The dividends will be paid in cash on April 29, 2022.