New Issue: FHLB prices $50 million 4.25-year non-call 0.25-year notes at 2%

New York, May 17 - Federal Home Loan Banks priced $50 million of 2% 4.25-year non-call 0.25-year notes at par, according to the agency's web site.

The bonds will mature on Sept. 14, 2015 and are callable beginning Sept. 14.

UBS and Jefferies & Co. are the managers.

Issuer:	Federal Home Loan Banks
Issue:	Notes
Amount:	$50 million
Maturity:	Sept. 14, 2015
Coupon:	2%
Price:	Par
Call:	Beginning Sept. 14
Pricing date:	May 17
Settlement date:	June 14
Underwriters:	UBS and Jefferies & Co.
Cusip:	313373W65

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