Discontinued — last reported Q4 '22
Products & Services · Funding agreement issued to FHLBNY
Funding agreements — Funding agreement issued to FHLBNY
Prudential Financial Funding agreements — Funding agreement issued to FHLBNY increased by 150.3% to $2.63B in Q4 2022 compared to the prior quarter.
Analysis
StatementSegment
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ4 2022Feb 16, 2023
Rolls up toShort-Term Borrowings
How to read this metric
Increased usage of FHLB funding often signals a strategic decision to utilize low-cost, collateralized liquidity, while a decrease may indicate reduced need or limited collateral availability.
Detailed definition
This metric represents the specific funding agreements issued to the Federal Home Loan Bank of New York (FHLBNY). These...
Peer comparison
Comparable to FHLB advances or collateralized institutional borrowings at other US-based life insurance companies.
Metric ID:
pru_segment_funding_agreements_funding_agreement_issued_to_fhlbnyHistorical Data
2 periods
| Q4 '21 | Q4 '22 | |
|---|---|---|
| Value | $1.05B | $2.63B |
| QoQ Change | — | +150.3% |
| YoY Change | — | +150.3% |
Range$1.05B – $2.63B
Avg YoY Growth+150.3%
Median YoY Growth+150.3%
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Frequently Asked Questions
- What is Prudential Financial's funding agreements — funding agreement issued to fhlbny?
- Prudential Financial (PRU) reported funding agreements — funding agreement issued to fhlbny of $2.63B in Q4 2022.
- What does funding agreements — funding agreement issued to fhlbny mean?
- The amount of funding obtained through agreements with the Federal Home Loan Bank.