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Bulletin No.: 2015-27
September 28, 2015


SUBJECT: Third Quarter 2015 Dividend

The Board of Directors of the Federal Home Loan Bank of Dallas has declared a dividend in the form of capital stock for the third quarter of 2015 at an annualized rate of 0.375 percent, which equates to the upper end of the Federal Reserve's target for the federal funds rate for the second quarter of 2015 plus 12.5 basis points. The third quarter dividend, applied to average capital stock held during the period from April 1, 2015 through June 30, 2015 and based upon operating results for that same period, will be paid on September 30, 2015.

Please call Member Services at 844.FHL.BANK (844.345.2265) if you have any questions.



Sanjay K. Bhasin
President and Chief Executive Officer