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12 CFR § 1270.20 - Consolidated obligations are not obligations of the United States or guaranteed by the United States.

---
identifier: "/us/cfr/t12/s1270.20"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1270.20 - Consolidated obligations are not obligations of the United States or guaranteed by the United States."
title_number: 12
title_name: "Banks and Banking"
section_number: "1270.20"
section_name: "Consolidated obligations are not obligations of the United States or guaranteed by the United States."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "D"
subchapter_name: "FEDERAL HOME LOAN BANKS"
part_number: "1270"
part_name: "LIABILITIES"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1431, 1432, 1435, 4511, 4512, 4513, and 4526."
regulatory_source: "76 FR 18369, Apr. 4, 2011, unless otherwise noted."
cfr_part: "1270"
---

# 1270.20 Consolidated obligations are not obligations of the United States or guaranteed by the United States.

Consolidated obligations are not obligations of the United States and are not guaranteed by the United States.