FHLBank Indianapolis declares third quarter 2023 dividends, reports earnings
last updated on Thursday, October 26, 2023 in Finance News
On Oct. 26, 2023, the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its third quarter 2023 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 8.25% and 3.25%, 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 on Oct. 27, 2023. Click here to read the full news release.