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Published on 7/11/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $30 million seven-year non-call two-year notes at 2.85%

New York, July 11 - Federal Home Loan Banks priced $30 million of 2.85% seven-year non-call two-year notes at par, according to the agency's web site.

The bonds will mature on July 18, 2018 and are callable beginning July 18, 2013.

Merrill Lynch is the manager.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$30 million
Maturity:July 18, 2018
Coupon:2.85%
Price:Par
Call:Beginning July 18, 2013
Pricing date:July 11
Settlement date:July 18
Underwriter:Merrill Lynch
Cusip:313374T59

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