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Federal Home Loan Bank Of New York Announces First Quarter 2021 Operating Highlights


Federal Home Loan Bank Of New York Announces First Quarter 2021 Operating Highlights
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NEW YORK, April 28, 2021 /PRNewswire/  The Federal Home Loan Bank of New York ( FHLBNY ) today released its unaudited financial highlights for the quarter ended March 31, 2021.   
One year ago, amid as volatile and uncertain a market as we have ever experienced, our members looked to the Federal Home Loan Bank of New York for liquidity support at the onset of the COVID-19 pandemic, said José R. González, president and CEO of the FHLBNY. In the year since, the FHLBNY has remained a stable and reliable partner to our members and the communities we serve, as reflected in our results for the first quarter of 2021.  From the liquidity provided through our advances to the secondary market support offered through our Mortgage Asset Program and to the tangible community impact made through our Affordable Housing Program, ....

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