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Published on 11/29/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $600 million one-year non-call 0.5-year notes at 0.47%

New York, Nov. 29 - Federal Home Loan Banks priced $600 million of 0.47% one-year non-call 0.5-year notes at par, according to the agency's web site.

The bonds will mature on Dec. 28, 2011 and are callable quarterly beginning June 28, 2011.

Deutsche Bank is the manager.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$600 million
Maturity:Dec. 28, 2011
Coupon:0.47%
Price:Par
Call:Quarterly beginning June 28, 2011
Pricing date:Nov. 26
Settlement date:Dec. 15
Underwriter:Deutsche Bank
Cusip:313371Y67

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