FEDERAL HOME LOAN BANK OF BOSTON FILES (8-K) Disclosure of Inception of Direct Financial Obligation or Obligation Under Off-Balance Sheet Arrangement of Registrant

Section 2.03. Creation of a Direct Financial Obligation or an Obligation under a
Off-balance sheet arrangement of a registrant

The Federal Home Loan Bank of Boston (the Bank) obtains most of its funds from
the sale of debt securities, known as consolidated obligations, in the capital
markets. Consolidated obligations, which consist of bonds and discount notes,
are by regulation the joint and several obligations of the 11 Federal Home Loan
Banks (the FHLBanks). Consolidated obligations are sold to the public through
the FHLBanks' Office of Finance using authorized securities dealers.

The FHLBanks are regulated by the Federal Housing Finance Agency (the Finance
Agency) and the Finance Agency regulations authorize the Finance Agency to
require any FHLBank also to repay all or any portion of the principal of or
interest on any or all consolidated obligations for which any other FHLBank is
the primary obligor. In other words, the Bank is jointly and severally liable
with the other FHLBanks for any and all payments due on all of the consolidated
obligations issued by the FHLBanks, regardless of whether the Bank receives all
or any portion of the proceeds from any particular issuance. Information
regarding historical, current, and future issuances of consolidated obligations
by the FHLBanks may be obtained from the Office of Finance
(http://www.fhlb-of.com). Further, consolidated obligations are backed only by
the financial resources of the FHLBanks and are not guaranteed by the United
States government.

Schedule A sets forth all consolidated obligation bonds and discount notes
committed to be issued by the FHLBanks, for which the Bank is the primary
obligor, on the trade dates indicated, other than discount notes with a maturity
of one year or less that are issued in the ordinary course of business.
[Schedule A also includes any consolidated obligations with a remaining maturity
in excess of one year, if any, for which we have assumed the primary repayment
obligation from another FHLBank.]

We may elect to change our method of reporting information on the issuance or
assumption of consolidated obligations at any time. In reviewing the information
in this Current Report on Form 8-K, please note:

•although certain aggregated issuances of consolidated obligations are material
to the Bank, we have not made a judgment as to the materiality of any particular
consolidated obligation or obligations;

• Appendix A does not deal with interest rate exchange agreements (or other
derivatives) that we may enter into as a result of our assets and
liability management strategies and which may be associated, directly or
indirectly, with one or more of the declared consolidated obligations;

•Schedule A will not enable a reader to track changes in the total consolidated
obligations outstanding for which we are the primary obligor because Schedule A
generally excludes consolidated obligation discount notes with a maturity of one
year or less and does not reflect whether the proceeds from the issuance of the
reported consolidated obligations will be used to, among other things, replace
called or maturing consolidated obligations. We will report the total
consolidated obligations outstanding for which we are the primary obligor in our
periodic reports filed with the Securities and Exchange Commission; and

•the principal amounts reported on Schedule A represent the principal amount of
the reported consolidated obligations at par, which may not correspond to the
amounts reported in our financial statements prepared in accordance with
generally accepted accounting principles contained in our


--------------------------------------------------------------------------------

periodic reports filed with the Securities and Exchange Commission, because the
par amount does not account for, among other things, any discounts, premiums, or
concessions.


                                   Schedule A
    TRADE DATE           CUSIP         SETTLEMENT DATE       MATURITY DATE 

NEXT PAY DATE CALL TYPE (1) CALL STYLE (2) RATE/TARIFF TYPE NEXT CALL DATE PCT COUPON BY BANK

                                                                                                                                                 SUB-TYPE (3)(4)                                               ($)
     7/1/2022          3130ASM89           7/7/2022            11/7/2022            10/7/2022        Optional Principal          European        Variable Single        10/7/2022             *            180,000,000
                                                                                                         Redemption                               Index Floater



*   Secured Overnight Financing Rate (SOFR) +2 basis points.



(1) Description of the type of call:

• Bonds with optional repayment of principal (callable bonds) can be redeemed by the
Bank in whole or in part at its discretion on pre-determined call dates,
under the terms of the bond.

•Indexed Amortizing Notes (indexed principal redemption bonds) repay principal
based on a predetermined amortization schedule or formula that is linked to the
level of a certain index, according to the terms of the bond.

• Scheduled amortization notes repay principal on the basis of a
amortization schedule, according to the terms of the bond.

(2) Call style description: indicates whether the consolidated obligation is
reimbursable at the Bank’s option and, if applicable, the type of
redemption clause. The types of buyout clauses are:

• American – continuously redeemable from the first redemption date and
until maturity.

• Bermudian: Redeemable on specified recurring dates beginning on the first
redemption date, until maturity.

• European – redeemable on a specific date only.

• Canary: Redeemable on specified recurring dates beginning on the first
redemption date until a specified date before maturity.

• Multi-European – refundable on certain dates only.

(3) Description of rate type:

•Conversion bonds have coupons that convert from fixed to variable, or variable
to fixed, or a mix of capped coupons and non-capped coupons, or from one
variable type to another, or from one U.S. or other currency index to another,
according to the terms of the bond.

• Fixed bonds generally pay interest at constant or staggered fixed rates over the
life of the bond, depending on the terms of the bond.

• Floating bonds may pay interest at different rates over the life of the bond,
under the terms of the bond.

(4) Description of rate subtype:

————————————————– ——————————

• Constant rate bonds generally pay interest at fixed rates over the life of the bond,
under the terms of the bond.

• Decreasing bonds generally pay interest at declining fixed rates for
intervals over the life of the bond, depending on the terms of the bond.

• Step Up bonds generally pay interest at increasing fixed rates for
intervals over the life of the bond, depending on the terms of the bond.

• Step Up/Down bonds generally pay interest at various fixed rates for
intervals over the life of the bond, depending on the terms of the bond.

•Zero Coupon bonds earn a fixed yield to maturity or the optional principal
redemption date, according to the terms of the bond, with principal and interest
paid at maturity, or upon redemption to the extent exercised prior to maturity.

• Capped floating bonds have an interest rate that cannot exceed one
ceiling calculated, according to the terms of the bond.

• Dual floating index bonds have an interest rate determined by two or more
indices, depending on the terms of the bond.

• Leveraged/deleveraged bonds pay interest based on a formula that includes a
multiplier expressed, according to the terms of the bond: multiplier > 1 =
leverage, multiplier

• Inverted floating bonds have an interest rate that increases as an index decreases
and declines as an index rises, depending on the terms of the bond.

• Stepped Floater bonds pay interest based on an increasing spread over an index,
under the terms of the bond.

• Range bonds may pay interest at different rates depending on whether a
the specified index is inside or outside a specified range, depending on the terms
of the link.

• Single index floating bonds pay interest at a rate that increases as the index
rises and falls as an index falls, depending on the terms of the bond.

•Ratchet Floater bonds pay interest subject to increasing floors, according to
the terms of the bond, such that subsequent coupons may not be lower than the
previous coupon.









                                  Signature(s)

In accordance with the requirements of the Securities Exchange Act of 1934, the
the declarant has duly had this report signed on his behalf by the
undersigned duly authorized.

              Date:    July 7, 2022      Federal Home Loan Bank of Boston
                                         By:/s/ George Maroun
                                         George Maroun
                                         Vice President and Treasurer

Bernadine J. Perkins