U.S. Federal Home Loan Banks rely less on short-term debt -FHFA's Watt
May 23, 2017 at 14:46 PM EDT
May 23 (Reuters) - The U.S. Federal Home Loan Bank system has made progress in depending less on short-term debt to fund its longer-term assets through the sale of longer-dated bonds, Federal Housing Finance Agency Director Melvin Watt said on Tuesday.