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Published on 5/23/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $50 million 11-year non-call one-year notes at 4%

New York, May 23 - Federal Home Loan Banks priced $50 million of 4% 11-year non-call one-year notes at par, according to the agency's web site.

The bonds will mature on June 8, 2022 and are callable beginning June 8, 2012.

HSBC Securities (USA) Inc. and Nomura are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$50 million
Maturity:June 8, 2022
Coupon:4%
Price:Par
Call:Beginning June 8, 2012
Pricing date:May 23
Settlement date:June 8
Underwriters:HSBC Securities (USA) Inc. and Nomura
Cusip:313373YU0

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