Three terms about FHLBank Act offer personally with opportunities. Section 11(g) requires the FHLBanks to spend members’ deposits in a number of improves that have maturities maybe not surpassing five years or in a small set of ties. Area 16(a) necessitates the FHLBanks to invest its reserves — that is, their retained earnings — in the a somewhat larger class of appropriate securities. Continue reading →