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CREDIT PRODUCTS
Overview
  Advance Restructuring
  Amortizing Advance
  Capped Floater Advance
  Classic Advance
  Classic Plus Cap Advance
  Collar Advance
  Corridor Advance
  Curve Flattener Advance
  Curve Steepener Advance
  Daily Cash Manager
  Discount Note Auction-Floater
  Expander Advance
  Flipper Advance
  Flipper Advance with Guaranteed Flip
  HLB-Option Advance
  HLB-Option Plus Cap Advance
  IDEAL Cash Manager
  Knockout Advance
  Letters of Credit
  LIBOR-Indexed Advance
  Member-Option Advance
  Rollover Cash Manager
  Slider Advance
  Swaps, Caps, and Floors
  Symmetrical Prepayment
  Transaction Hours
SPECIALS
CORRESPONDENT SERVICES
MORTGAGE PARTNERSHIP FINANCE
Funding-Strategy Models
PRODUCTS AND SOLUTIONS GUIDE
ACTIVITY-BASED STOCK REQUIREMENT

DAILY CASH MANAGER

The Daily Cash Manager is one of three overnight-funding products we offer. The others are the Rollover Cash Manager and the IDEAL Cash Manager.

 Key Features
  • Overnight funding
   
Common Uses
  • Manage daily liquidity needs.
   
Availablity
  • Until 5:00 p.m., subject to preapproved availability.
   
Maturity
  • One day
   
Rate Set
  • At time of transaction
   
Disbursement
  • Same-day or next business day
   
Repayment
  • Principal and interest automatically charged to your IDEAL Way account at maturity.

  • Interest is calculated on an actual/360-day basis.
   
Requirements for Take-Down
  • A short-term advance master confirmation signed by an authorized officer from your institution must be on file at the Federal Home Loan Bank of Boston.
   
Risks
  • The Federal Home Loan Bank of Boston does not act as a financial adviser, and members should independently evaluate the suitability and risks of these advances.
   
More Information
   
   

 
 
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