Third quarter dividend declared at 5.50 percentDecember 21, 2017
At its December 21, 2017 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati (the Bank) declared a dividend for the third quarter of 2017 at a 5.50 percent annualized rate. This dividend rate is 4.19 percentage points over the third quarter 2017 average 3-month LIBOR and 4.06 percentage points over the fourth quarter 2017 average 3-month LIBOR through December 20.
The dividend payment occurred December 21 in the form of cash and is based on the average stock balance from the third quarter of 2017 which includes a day count basis of 92/365 days. See our dividend history on our Financial Results page.