UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | May 21, 2010 |
Federal Home Loan Bank of Pittsburgh
__________________________________________
(Exact name of registrant as specified in its charter)
Federally Chartered Corporation | 000-51395 | 25-6001324 |
_____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
601 Grant Street, Pittsburgh, Pennsylvania | 15219 | |
_________________________________ (Address of principal executive offices) | ___________ (Zip Code) |
Registrant’s telephone number, including area code: | 412-288-3400 |
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.03. Material Modifications to Rights of Security Holders.
Explanatory Note: This Form 8-K/A is being filed to amend the Form 8-K filed by the Federal Home Loan Bank of Pittsburgh on May 21, 2010. In Appendix A of Exhibit 4.1 to such Form 8-K “Commercial Real Estate Loans” as a category of Membership Assets was inadvertently omitted. Such Appendix A as amended should read as follows:
APPENDIX A
Membership Asset Value Factors
Membership Assets | Factors | |||
US Treasury Securities | 97 | % | ||
US Agency Securities | 97 | % | ||
US Agency MBS | 95 | % | ||
Non-Agency MBS | 75 | % | ||
1-4 Family Residential First Mortgage Loans | 75 | % | ||
Multi-family Mortgage Loans | 60 | % | ||
1-4 Family Residential Second Mortgage Loans | 50 | % | ||
Home Equity Lines of Credit | 50 | % | ||
Commercial Real Estate Loans | 50 | % | ||
Farmland Loans | 50 | % | ||
1-4 Family Residential Construction Loans | 40 | % | ||
Other (nonresidential) Construction Loans | 35 | % | ||
Small Business Loans | 40 | % | ||
Small Farm Loans | 40 | % | ||
Small Agribusiness Loans | 40 | % |
In addition Exhibit 99.1, the notice to members dated May 21, 2010, as amended, should also include Commercial Real Estate Loans as set forth above. This amendment is being filed solely to correct the errors in Exhibits 4.1 and 99.1. Except as otherwise noted, the original Form 8-K filed on May 21, 2010 is unaltered hereby.
SIGNATURES
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 Pittsburgh | ||||
May 21, 2010 | By: | Dana A. Yealy | ||
Name: Dana A. Yealy | ||||
Title: Managing Director, General Counsel and Corporate Secretary |