Amherst Securities Group Underwrites New Issue Deal for FHLB
| 1-year; non-call 3-month; Step-Up |
| Pricing Date |
July 1, 2005
|
| Settlement Date |
July 21, 2005 |
| Structure |
1-year; non-call 3-month |
| First Call Date |
October 2005 and quarterly thereafter
|
| Maturity |
July 21, 2006
|
| Payment Dates |
Each January 21st and quarterly thereafter |
| First Coupon |
3.625% |
| Coupon Structure |
3.625% to October 2005; resets quarterly at 3.8%; 4.0%; 4.25% |
| Size |
$25 million |
| Issuer |
Federal Home Loan Bank System |
| CUSIP |
3133XCFN8 |
| Currency |
USD |
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