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Published on 5/16/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $15 million five-year callable one time at one year notes at 3%

New York, May 16 - Federal Home Loan Banks priced $15 million of 3% five-year callable one time at one year notes at 102.1364, according to the agency's web site.

The bonds will mature on June 15, 2016 and are callable one time on June 15, 2012.

G.X. Clarke & Co. and Duncan-Williams Inc. are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$15 million
Maturity:June 15, 2016
Coupon:3%
Price:102.1364
Call:One time on June 15, 2012
Pricing date:May 16
Settlement date:June 15
Underwriters:G.X. Clarke & Co. and Duncan-Williams Inc.
Cusip:313373VR0

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