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GC Asia
FHLBs Benefit From Accounting Changes
Federal Home Loan Banks stand to benefit from changes in accounting rules regarding securities held until maturity.
Federal Home Loan Banks stand to benefit from changes in accounting rules regarding securities held until maturity. Under guidance from the Financial Accounting Standards Board last month, the 12 FHLB will need to write down only those declines in value of a security that is attributed to deterioration
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