12 CFR § 1277.3 - Risk-based capital requirement.

---
identifier: "/us/cfr/t12/s1277.3"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1277.3 - Risk-based capital requirement."
title_number: 12
title_name: "Banks and Banking"
section_number: "1277.3"
section_name: "Risk-based capital requirement."
chapter_name: "FEDERAL HOUSING FINANCE AGENCY"
subchapter_number: "D"
subchapter_name: "FEDERAL HOME LOAN BANKS"
part_number: "1277"
part_name: "FEDERAL HOME LOAN BANK CAPITAL REQUIREMENTS, CAPITAL STOCK AND CAPITAL PLANS"
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. 1426, 1436(a), 1440, 1443, 1446, 4511, 4513, 4514, 4526, 4612."
regulatory_source: "80 FR 12755, Mar. 11, 2015, unless otherwise noted."
cfr_part: "1277"
---


# 1277.3 Risk-based capital requirement.

Each Bank shall maintain at all times permanent capital in an amount at least equal to the sum of its credit risk capital requirement, its market risk capital requirement, and its operational risk capital requirement, calculated in accordance with §§ 1277.4, 1277.5, and 1277.6, respectively.