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Published on 5/20/2010 in the Prospect News Agency Daily.

New Issue: FHLB upsizes to $525 million one-year non-call 0.25-year notes at 0.7%

New York, May 20 - Federal Home Loan Banks upsized to $525 million its sale of 0.7% one-year non-call 0.25-year notes at par, according to the agency's web site.

The bonds will mature on June 20, 2011 and are callable quarterly beginning Sept. 3.

FHLB originally priced $500 million of the issue.

Goldman Sachs and JPMorgan are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$525 million
Maturity:June 20, 2011
Coupon:0.7%
Price:Par
Call:Quarterly beginning Sept. 3
Pricing date:May 19
Settlement date:June 3
Underwriters:Goldman Sachs and JPMorgan

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