Amherst Securities LP
Amherst Securities Group Underwrites New Issue Deal for FHLB

5-year; non-call 3-year; Fixed Rate
Pricing Date

August 11, 2005

Settlement Date September 8, 2005
Structure 5-year; non-call 3-year
First Call Date

September 8, 2008 and anytime thereafter

Maturity

September 8, 2010

Payment Dates Every March 8th and September 8th beginning March 2006
First Coupon 4.80%
Coupon Structure Fixed
Size $10 million
Issuer Federal Home Loan Bank System
CUSIP 3133XCW90
Currency USD