Federal Home Loan Bank of Des Moines: 3rd Quarter 2019 Dividend, Election Results
November 07, 2019
November 07, 2019
DES MOINES, Iowa, Nov. 7 -- The Federal Home Loan Bank of Des Moines, a district bank in the Federal Home Loan Bank System, issued the following news:
The FHLB Des Moines (the Bank) Board of Directors approved a third quarter 2019 dividend at an annualized rate of 5.75 percent on activity-based stock and 3.25 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $65 million are expected to be paid on November 8, 2019.
The effective c . . .
The FHLB Des Moines (the Bank) Board of Directors approved a third quarter 2019 dividend at an annualized rate of 5.75 percent on activity-based stock and 3.25 percent on membership stock, unchanged from the prior quarter. Dividend payments totaling $65 million are expected to be paid on November 8, 2019.
The effective c . . .