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Published on 10/15/2009 in the Prospect News Agency Daily.

New Issue: FHLB prices $1 billion two-year non-call 0.25-year notes at 1.5%

New York, Oct. 15 - Federal Home Loan Banks priced $1 billion of 1.5% two-year non-call 0.25-year notes at par, according to the agency's web site.

The bonds will mature on Nov. 9, 2011 and are callable quarterly beginning Feb. 9, 2010.

Goldman Sachs and Bank of America are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$1 billion
Maturity:Nov. 9, 2011
Coupon:1.5%
Price:Par
Call:Quarterly beginning Feb. 9, 2010
Pricing date:Oct. 15
Settlement date:Nov. 9
Underwriters:Goldman Sachs and Bank of America

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