Extended Hours for Delivery Commitment Extensions
Effective Date: March 2, 2020
Beginning Monday, March 2, 2020, PFIs will have an additional 30 minutes to extend MPF Traditional (Non-Government and Government) and MPF Government MBS Delivery Commitments, as the Delivery Commitment Extension cut-off time is changing from 3:30 PM CT to 4:00 PM CT.
With regards to this enhancement, please note the following:
- MPF Xtra and MPF Direct will not be impacted by this change; the Extension cut-off will remain 3:30PM CT
- New Delivery Commitment Creation and Delivery Commitment Reductions will continue to stop at 3:30 PM CT, as is the current standard
- On Early Close days (Christmas Eve, for example), all transactions (Delivery Commitment Extensions included) will have the same cut-off time (1:00 PM CT, typically)
If you have any questions, please reach out to the MPF Service Center at 1‐877‐FHLB‐MPF.
- MPF Marketing Bulletin 2020-03