8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) August 30, 2007

FEDERAL HOME LOAN BANK OF BOSTON

(Exact name of registrant as specified in its charter)

Federally chartered corporation	000-51402	04-6002575
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

111 Huntington Avenue
Boston, MA 02199
(Address of principal executive offices, including zip code)

(617) 292-9600
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01Other Events.

On August 30, 2007, the Federal Housing Finance Board, regulator of the Federal Home Loan Bank of Boston (the Bank), reappointed Patrick E. Clancy to the Bank’s board of directors. Mr. Clancy’s current term will expire on December 31, 2007, and the new term will commence on January 1, 2008, and end on December 31, 2010.

Mr. Clancy is president and chief executive officer of The Community Builders, a Boston-based nonprofit corporation.

Item 9.01Financial Statements and Exhibits

(d) Exhibits

99.1 Press release dated September 5, 2007, issued by the Bank.

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Signature(s)

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Federal Home Loan Bank of Boston
Date: September 5, 2007	By:	/s/ Earl W. Baucom
		Earl W. Baucom Senior Vice President, Chief Accounting Officer

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EX-99.1

Exhibit 99.1

NEWS RELEASE

FOR IMMEDIATE RELEASE	CONTACT: Mark S. Zelermyer
September 5, 2007	617-292-9750
	mark.zelermyer@fhlbboston.com

PATRICK E. CLANCY REAPPOINTED TOFEDERAL HOME LOAN BANK OF BOSTON BOARD OF DIRECTORS

BOSTON — Patrick E. Clancy, president and chief executive officer of the Boston-based nonprofit corporation The Community Builders, has been reappointed to the board of directors of the Federal Home Loan Bank of Boston (the Bank). The appointment was made by the Bank’s regulator, the Federal Housing Finance Board. Mr. Clancy’s current term will expire on December 31, 2007, and the new term will commence on January 1, 2008, and end on December 31, 2010.

The Community Builders is a large nonprofit housing and development organization active in 15 states. It has worked with a wide array of community interests and cities on efforts to meet affordable-housing needs. The organization has created over 20,000 units of housing, managing 7,000 of those units. It has arranged over $1 billion in financing for its community development work.

Mr. Clancy is a graduate of Holy Cross College and holds a J.D. from Harvard Law School. In 2004, he received the Sanctae Crucis award for his lifetime contribution to improving urban neighborhoods. He previously served on the Bank’s affordable housing advisory council.

The Federal Home Loan Bank of Boston (www.fhlbboston.com) is a cooperatively owned wholesale bank for the six New England states. Its mission is to support the residential-mortgage and community-development lending activities of its members, which include over 460 financial institutions across New England. To accomplish its mission, the Bank utilizes private-sector capital to provide members and other qualified customers with reliable access to low-cost wholesale funds, liquidity, a competitive outlet for the sale of loans, special lending programs, technical assistance, and other products and services.

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Federal Home Loan Bank of Boston      |      111 Huntington Avenue      |      Boston, MA 02199      |      617-292-9600
|      FAX: 617-292-9645  www.fhlbboston.com