Second quarter dividend declared at 6.00 percentSeptember 20, 2018
At its September 20, 2018 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati (the FHLB) declared a dividend for the second quarter of 2018 at a 6.00 percent annualized rate. This dividend rate is 3.66 percentage points over the second quarter 2018 average 3-month LIBOR and 3.67 percentage points over the third quarter 2018 average 3-month LIBOR through September 19.
The dividend payment occurred September 20 in the form of cash and is based on the average stock balance from the second quarter of 2018 which includes a day count basis of 91/365 days. See our dividend history on our Financial Results page.