FHLBanks Office of Finance
Sandra Tetteh is an experienced finance professional currently serving as Senior Manager and Short Term Funding Officer at the FHLBanks Office of Finance since January 2022, where responsibilities include managing short-term debt for the 12 FHLBanks and producing market commentary. Prior experience at the same organization includes the role of Short Term Funding Officer II from October 2006 to December 2012, focusing on managing short-term funding needs and training new underwriters. Sandra Tetteh holds a Bachelor of Business Administration in Finance from Strayer University, awarded between 2008 and 2010.
FHLBanks Office of Finance
Located in Reston, Virginia, a suburb of Washington, D.C., the Office of Finance (OF) is operated on behalf of the 11 regional FHLBanks. Its primary function is to issue and service all debt securities for the FHLBanks, while obtaining the most cost-effective terms possible given current market conditions. Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products. These efforts can include investor road shows, sales conferences, adopting dealer/FHLBank recommendations, preparing brochures and educational materials, and enhancing the Office of Finance website. The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers two tax-exempt government corporations, the Financing Corporation (FICO) and the Resolution Funding Corporation (REFCORP).