Attached files
| file | filename |
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| EX-99.1 - EXHIBIT 99.1 - EARNINGS RELEASE - Federal Home Loan Bank of Des Moines | q320exhibit991earnings.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
| Date of Report (Date of Earliest Event Reported): | October 29, 2020 | ||||||||||
Federal Home Loan Bank of Des Moines
__________________________________________
(Exact name of registrant as specified in its charter)
| Federally Chartered Corporation | 000-51999 | 42-6000149 | ||||||||||||||||||
| (State or other jurisdiction | (Commission | (I.R.S. Employer | ||||||||||||||||||
| of incorporation) | File Number) | Identification No.) | ||||||||||||||||||
| 909 Locust St. Des Moines, Iowa | 50309 | |||||||||||||||||||
| (Address of principal executive offices) | (Zip Code) | |||||||||||||||||||
| Registrant’s telephone number, including area code: | 515-412-2100 | ||||||||||
| Not Applicable | ||||||||
| Former name or former address, if changed since last report | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if they registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On October 29, 2020, the Federal Home Loan Bank of Des Moines (the “Bank”) issued a news release to report its financial results for the third quarter ended September 30, 2020, and to declare a third quarter 2020 cash dividend for both average activity-based capital stock and average membership capital stock outstanding during the quarter. The annualized dividend rate approved was 5.50 percent for activity-based capital stock and 3.00 percent for membership capital stock. The effective combined annualized dividend rate for the Bank on both subclasses of capital stock outstanding will be 4.67 percent; however, the effective combined dividend rate on the total capital stock held by each shareholder depends on its level of activity with the Bank during the quarter. A copy of the news release is attached as Exhibit 99.1 to this report.
Item 7.01 Regulation FD Disclosure.
The information set forth under Item 2.02 is also furnished pursuant to this Item 7.01. The information contained in the attachment is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit Number 99.1 News Release, dated October 29, 2020, issued by the Bank
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Federal Home Loan Bank of Des Moines | ||||||||||||||
| October 29, 2020 | By: | /s/ Joelyn R. Jensen-Marren | ||||||||||||
| Name: Joelyn R. Jensen-Marren | ||||||||||||||
| Title: Senior Vice President and Chief Financial Officer | ||||||||||||||
Exhibit Index
| Exhibit No. | Description | |||||||
| 99.1 | ||||||||