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Published on 3/29/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $500 million one-year non-call one-month notes at 0.45%

New York, March 29 - Federal Home Loan Banks priced $500 million of 0.45% one-year non-call one-month notes at par, according to the agency's web site.

The bonds will mature on April 27, 2012 and are callable monthly beginning May 18.

JPMorgan is the manager.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$500 million
Maturity:April 27, 2012
Coupon:0.45%
Price:Par
Call:Monthly beginning May 18
Pricing date:March 29
Settlement date:April 18
Underwriter:JPMorgan
Cusip:313373CY6

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