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Published on 9/18/2009 in the Prospect News Agency Daily.

New Issue: FHLB upsizes to $350 million one-year callable one-time at 0.5-year notes at 0.5%

New York, Sept. 18 - Federal Home Loan Banks upsized to $350 million its sale of 0.5% one-year callable one-time at 0.5-year notes at par, according to the agency's web site.

The bonds will mature on Oct. 5, 2010 and are callable one time on April 5, 2010.

FHLB originally priced $250 million of the issue.

Deutsche Bank and Jefferies & Co. are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$350 million
Maturity:Oct. 5, 2010
Coupon:0.5%
Price:Par
Call:One time on April 5, 2010
Pricing date:Sept. 16
Settlement date:Oct. 5
Underwriters:Deutsche Bank and Jefferies & Co.

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