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Published on 3/23/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $20 million five-year non-callable Ratchet Floaternotes at 0%

New York, March 23 - Federal Home Loan Banks priced $20 million of 0% five-year non-callable Ratchet Floaternotes at par, according to the agency's web site.

The bonds will mature on March 30, 2016.

Morgan Keegan is the manager.

Issuer:Federal Home Loan Banks
Issue:Ratchet Floaternotes
Amount:$20 million
Maturity:March 30, 2016
Coupon:0%
Price:Par
Call:Non-callable
Pricing date:March 23
Settlement date:March 30
Underwriter:Morgan Keegan
Cusip:3133736X5

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