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Published on 11/20/2009 in the Prospect News Agency Daily.

New Issue: FHLB prices $300 million two-year non-call 0.5-year notes at 1.05%

New York, Nov. 20 - Federal Home Loan Banks priced $300 million of 1.05% two-year non-call 0.5-year notes at par, according to the agency's web site.

The bonds will mature on Dec. 9, 2011 and are callable quarterly beginning June 9, 2010.

JPMorgan and Bank of America are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$300 million
Maturity:Dec. 9, 2011
Coupon:1.05%
Price:Par
Call:Quarterly beginning June 9, 2010
Pricing date:Nov. 20
Settlement date:Dec. 9
Underwriters:JPMorgan and Bank of America

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