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Published on 5/4/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $500 million one-year callable one-time at 0.5 year notes at 0.65%

New York, May 4 - Federal Home Loan Banks priced $500 million of 0.65% one-year callable one-time at 0.5 year notes at par, according to the agency's web site.

The bonds will mature on May 19, 2011 and are callable one time on Nov. 19.

JPMorgan and Deutsche Bank are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$500 million
Maturity:May 19, 2011
Coupon:0.65%
Price:Par
Call:One time on Nov. 19
Pricing date:May 4
Settlement date:May 19
Underwriters:JPMorgan and Deutsche Bank

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