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Published on 6/24/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $55 million 15-year non-call 0.5-year notes at 4.35%

New York, June 24 - Federal Home Loan Banks priced $55 million of 4.35% 15-year non-call 0.5-year notes at par, according to the agency's web site.

The bonds will mature on July 14, 2025 and are callable beginning Jan. 14, 2011.

SunTrust, UBS and Jefferies & Co. are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$55 million
Maturity:July 14, 2025
Coupon:4.35%
Price:Par
Call:Beginning Jan. 14, 2011
Pricing date:June 24
Settlement date:July 14
Underwriters:SunTrust, UBS and Jefferies & Co.
Cusip:3133702D9

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