09/16/2005 Amherst Securities Group Underwrites New Issue Deal for FHLB

Amherst Securities Group Underwrites New Issue Deal for FHLB

5.5-year; non-call 6-month; Fixed Rate
Pricing Date	September 16, 2005
Settlement Date	October 11, 2005
Structure	5.5-year; non-call 6-month
First Call Date	April 11, 2006 and quarterly thereafter
Maturity	April 11, 2011
Payment Dates	Every April 11th and October 11th beginning April 2006
First Coupon	5.05%
Coupon Structure	Fixed
Size	$15 million
Issuer	Federal Home Loan Bank System
CUSIP	3133XDC74
Currency	USD