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Published on 5/10/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $130 million six-year non-call 0.5-year notes at 2.8%

New York, May 10 - Federal Home Loan Banks priced $130 million of 2.8% six-year non-call 0.5-year notes at par, according to the agency's web site.

The bonds will mature on May 16, 2017 and are callable quarterly beginning Nov. 16.

JPMorgan, Morgan Stanley and BNP Paribas are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$130 million
Maturity:May 16, 2017
Coupon:2.8%
Price:Par
Call:Quarterly beginning Nov. 16
Pricing date:May 9
Settlement date:May 16
Underwriters:JPMorgan, Morgan Stanley and BNP Paribas
Cusip:313373TF9

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