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Published on 5/25/2011 in the Prospect News Agency Daily.

New Issue: FHLB adds on $101.5 million one-year non-callable Tap issue to yield 0.257%

New York, May 25 - Federal Home Loan Banks added on $101.5 million of 0.25% one-year non-callable Tap issue at 99.992831 to yield 0.257%, according to the agency's web site.

The bonds will mature on May 23, 2012.

The spread is -28.6 basis points.

RBS Securities and Wells Fargo Securities are the managers.

Issuer:Federal Home Loan Banks
Issue:Tap issue
Amount:$101.5 million
Maturity:May 23, 2012
Coupon:0.25%
Price:99.992831
Yield:0.257%
Spread:-28.6 bps
Call:Non-callable
Pricing date:May 25
Settlement date:May 27
Underwriters:RBS Securities and Wells Fargo Securities
Cusip:313373Y22

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