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Published on 11/24/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $500 million one-year non-call 0.25-year notes at 0.45%

New York, Nov. 24 - Federal Home Loan Banks priced $500 million of 0.45% one-year non-call 0.25-year notes at par, according to the agency's web site.

The bonds will mature on Dec. 23, 2011 and are callable quarterly beginning March 8, 2011.

JPMorgan and Morgan Stanley are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$500 million
Maturity:Dec. 23, 2011
Coupon:0.45%
Price:Par
Call:Quarterly beginning March 8, 2011
Pricing date:Nov. 24
Settlement date:Dec. 8
Underwriters:JPMorgan and Morgan Stanley
Cusip:313371XL5

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