10/14/2005 Amherst Securities Group Underwrites New Issue Deal for FHLB

Amherst Securities Group Underwrites New Issue Deal for FHLB

7-year; non-call 2-year; Fixed Rate
Pricing Date	October 14, 2005
Settlement Date	November 8, 2005
Structure	7-year; non-call 2-year
First Call Date	February 8, 2007 and anytime thereafter
Maturity	November 8, 2012
Payment Dates	Every May 8th and November 8th beginning May 2006
First Coupon	5.40%
Coupon Structure	5.40% Fixed
Size	$10 million
Issuer	Federal Home Loan Bank System
CUSIP	3133XDMN8
Currency	USD