Fourth quarter dividend declared at 2.00 percentMarch 18, 2021
At its March 18, 2021 meeting, the Board of Directors of the Federal Home Loan Bank of Cincinnati declared a dividend for the fourth quarter of 2020 at a 2.00 percent annualized rate. This dividend rate is 184 basis points over fourth quarter 2020 average short-term interest rates and 186 basis points over first quarter 2021 average short-term interest rates through March 17. Average short-term interest rates consist of 3-month LIBOR and the Federal funds effective rate.
The dividend payment occurred March 18 in the form of cash and is based on the average stock balance from the fourth quarter of 2020 which includes a day count basis of 92/366 days. See our dividend history on our Financial Results page.