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Published on 6/22/2011 in the Prospect News Agency Daily.

New Issue: FHLB adds on $113 million 9.75-year non-callable Tap issue to yield 3.429%

New York, June 22 - Federal Home Loan Banks added on $113 million of 3.625% 9.75-year non-callable Tap issue at 101.606770 to yield 3.429%, according to the agency's web site.

The bonds will mature on March 12, 2021.

The spread is 47.1 basis points.

BNP Paribas, JPMorgan and First Tennessee are the managers.

Issuer:Federal Home Loan Banks
Issue:Tap issue
Amount:$113 million
Maturity:March 12, 2021
Coupon:3.625%
Price:101.606770
Yield:3.429%
Spread:47.1 bps
Call:Non-callable
Pricing date:June 22
Settlement date:June 24
Underwriters:BNP Paribas, JPMorgan and First Tennessee
Cusip:3133732Y7

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