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Published on 3/8/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $170 million seven-year non-call one-year notes at 3.5%

New York, March 8 - Federal Home Loan Banks priced $170 million of 3.5% seven-year non-call one-year notes at par, according to the agency's web site.

The bonds will mature on March 21, 2018 and are callable beginning March 21, 2012.

JPMorgan and Morgan Stanley are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$170 million
Maturity:March 21, 2018
Coupon:3.5%
Price:Par
Call:Beginning March 21, 2012
Pricing date:March 8
Settlement date:March 21
Underwriters:JPMorgan and Morgan Stanley
Cusip:313372YH1

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