F-H-L-B Spells Cheap Cash for Big Annuity Issuers
July 9, 2025 by Kerry Pechter
The largest borrower from the Federal Home Loan Bank (FHLB) system in 2024 was Athene Annuity and Life, at more than $15 billion. For at least 16 other top annuity issuers, FHLB loans are a key source of “fungible,” low-cost borrowed capital.
Wink’s Moore on the Market: Kerry Pechter at Retirement Income Journal should be an award-winning journalist. His research on “The Bermuda Triangle”-driven annuity market is stellar.
In this article, Kerry drops some knowledge on how the Federal Home Loans Banks are related to the annuity market. I, for one, am smarter for reading this article.
I would encourage you to do the same. There is a paywall, but the periodical is totally worth it. -sjm
Originally Posted at Retirement Income Journal on June 30, 2025 by Kerry Pechter.
Categories: Industry Articles
