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Published on 5/18/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $175 million five-year non-call one-month notes at 2.4%

New York, May 18 - Federal Home Loan Banks priced $175 million of 2.4% five-year non-call one-month notes at par, according to the agency's web site.

The bonds will mature on June 13, 2016 and are callable monthly beginning July 13.

UBS and Jefferies & Co. are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$175 million
Maturity:June 13, 2016
Coupon:2.4%
Price:Par
Call:Monthly beginning July 13
Pricing date:May 18
Settlement date:June 13
Underwriters:UBS and Jefferies & Co.
Cusip:313373WW8

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