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Derivatives and Hedging Activities Derivatives in Statement of Condition (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives $ 61,103,074 $ 78,494,986
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 95,982 154,978
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 39,281 57,773
Derivative Asset, Netting Adjustments And Cash Collateral [2] (30,575) [1] (52,987) [3]
Derivative Liability, Netting Adjustments And Cash Collateral [2] (38,820) [1] (47,942) [3]
Derivative assets 65,407 101,991
Derivative liabilities 461 9,831
Derivative, Collateral, Cash Posted And Related Accrued Interest 36,441 98,438
Derivative, Collateral, Cash Received And Related Accrued Interest 28,196 103,483
Designated as Hedging Instrument [Member] | Interest Rate Swap [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives 43,282,912 41,383,192
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 35,608 9,352
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 19,535 34,302
Not Designated as Hedging Instrument, Economic Hedge [Member] | Interest Rate Swap [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives 17,580,361 36,585,870
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 58,689 141,676
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 19,657 23,465
Not Designated as Hedging Instrument, Economic Hedge [Member] | Interest Rate Swaption [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives 200,000 425,000
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 1,669 2,748
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 0 0
Not Designated as Hedging Instrument [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives 17,820,162 37,111,794
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 60,374 145,626
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement 19,746 23,471
Not Designated as Hedging Instrument [Member] | Forward Contracts [Member] | Mortgage Receivable [Member]    
Derivatives, Fair Value [Line Items]    
Notional Amount of Derivatives 39,801 100,924
Derivative Asset, Fair Value, Gross Asset Including Not Subject to Master Netting Arrangement 16 1,202
Derivative Liability, Fair Value, Gross Liability Including Not Subject to Master Netting Arrangement $ 89 $ 6
[1] Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.
[2] Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions, and also cash collateral, including accrued interest, held or placed by the FHLB with the same clearing agent and/or counterparty. Cash collateral posted, including accrued interest, was (in thousands) $36,441 and $98,438 at June 30, 2024 and December 31, 2023, respectively. Cash collateral received, including accrued interest, was (in thousands) $28,196 and $103,483 at June 30, 2024 and December 31, 2023, respectively.
[3] Amounts represent the application of the netting requirements that allow the FHLB to settle positive and negative positions and also cash collateral and related accrued interest held or placed by the FHLB with the same counterparty.