Federal Home Loan Bank of Atlanta Announces Preliminary 2020 Year-end Financial Results
ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December31, 2020.
- ATLANTA, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December31, 2020.
- All numbers reported below for 2020 are approximate until the Bank announces audited financial results in its Form 10-K filing with the Securities and Exchange Commission (SEC), which is expected to be filed on or about March4, 2021.
- Additionally, in the first quarter of 2020, the Bank sold its private-label mortgage-backed investment portfolio and recorded an $85 million gain from the sale.
- Beginning in March of 2020 and continuing throughout 2020, the global pandemic associated with COVID-19 impacted conditions in the financial markets.