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Published on 5/13/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $100 million 15-year non-call one-year notes at 4.87%

New York, May 13 - Federal Home Loan Banks priced $100 million of 4.87% 15-year non-call one-year notes at par, according to the agency's web site.

The bonds will mature on May 27, 2025 and are callable beginning May 27, 2011.

JPMorgan and Morgan Stanley are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$100 million
Maturity:May 27, 2025
Coupon:4.87%
Price:Par
Call:Beginning May 27, 2011
Pricing date:May 13
Settlement date:May 27
Underwriters:JPMorgan and Morgan Stanley

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