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Published on 9/22/2009 in the Prospect News Agency Daily.

New Issue: FHLB prices $200 million one-year one-time callable Step Downnotes at 1.75%

New York, Sept. 22 - Federal Home Loan Banks priced $200 million of 1.75% one-year one-time callable Step Downnotes at par, according to the agencyÂ's web site.

The bonds will mature on Sept. 28, 2010 and are callable one time.

BNP Paribas is the manager.

Issuer:Federal Home Loan Banks
Issue:Step Downnotes
Amount:$200 million
Maturity:Sept. 28, 2010
Coupon:1.75%
Price:Par
Call:One time
Pricing date:Sept. 22
Settlement date:Sept. 28
Underwriter:BNP Paribas

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