FHLBank Indianapolis declares second quarter 2023 dividends, reports earnings
last updated on Thursday, July 27, 2023 in Finance News
On July 27, 2023, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its second quarter 2023 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 7.5% and 2.5%, respectively.
The higher dividend rate on activity-based stock reflects the Board's discretion under the Bank's capital plan to reward members that use FHLBank Indianapolis in support of their liquidity needs.
The dividends will be paid in cash July 28, 2023. Click here to read the Bank’s news release.