Fourth quarter dividend declared at 2.50 percentMarch 19, 2020
At its March 19, 2020 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati declared a dividend for the fourth quarter of 2019 at a 2.50 percent annualized rate. This dividend rate is 71 basis points over fourth quarter 2019 average short-term interest rates and 99 basis points over first quarter 2020 average short-term interest rates through March 18. Average short-term interest rates consist of 3-month LIBOR and the Federal funds effective rate.
The dividend payment occurred March 19 in the form of cash and is based on the average stock balance from the fourth quarter of 2019 which includes a day count basis of 92/365 days. See our dividend history on our Financial Results page.