First quarter dividend declared at 5.75 percentJune 21, 2018
At its June 21, 2018 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati (the FHLB) declared a dividend for the first quarter of 2018 at a 5.75 percent annualized rate. This dividend rate is 3.82 percentage points over the first quarter 2018 average 3-month LIBOR and 3.41 percentage points over the second quarter 2018 average 3-month LIBOR through March 14.
The dividend payment occurred June 21 in the form of cash and is based on the average stock balance from the first quarter of 2018 which includes a day count basis of 90/365 days. See our dividend history on our Financial Results page.