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Published on 6/2/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $15 million 3.5-year callable one time at one year notes at 1.25%

New York, June 2 - Federal Home Loan Banks priced $15 million of 1.25% 3.5-year callable one time at one year notes at par, according to the agency's web site.

The bonds will mature on Dec. 22, 2014 and are callable one time on June 22, 2012.

RW Baird and Piper Jaffray are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$15 million
Maturity:Dec. 22, 2014
Coupon:1.25%
Price:Par
Call:One time on June 22, 2012
Pricing date:June 2
Settlement date:June 22
Underwriters:RW Baird and Piper Jaffray
Cusip:3133745L0

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