FHLB to contact dealers about purchasing some 5% bonds due 2017

By Angela McDaniels

Tacoma, Wash., Dec. 11 - The Federal Home Loan Bank of Chicago has expressed interest in purchasing portions of its 5% global bonds due Nov. 17, 2017, according to a news release from the FHLBanks' Office of Finance.

The current outstanding amount of the bonds is $3,472,115,000.

FHLBank Chicago will contact dealers directly about this operation. However, the news release said there is no assurance that the FHLBank will accept any offers, in whole or in part.

Kevin Kincaid (703 467-3608 or kkincaid@fhlb-of.com) can be contacted for additional information.

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