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Federal Home Loan Bank of Boston Announces 2020 Fourth Quarter And Annual Results, Declares Dividend News provided by Share this article Share this article BOSTON, Feb. 19, 2021 /PRNewswire/ The Federal Home Loan Bank of Boston announced its preliminary, unaudited fourth quarter and annual financial results for 2020, reporting net income of $22.2 million for the quarter and $120.3 million for the year. The Bank expects to file its annual report on Form 10-K for the year ending December 31, 2020, with the U.S. Securities and Exchange Commission next month. As previously announced, the board has been reevaluating the Bank s dividend strategy in light of the pending cessation of LIBOR as the Bank s dividend benchmark rate, as well as the ongoing financial challenges resulting from the COVID-19 pandemic, near-zero interest rates and significantly lower advances balances and their impact on the Bank s current and projected earnings. Beginning with this announcement, the board has

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