11/2/2005 Amherst Securities Group Underwrites New Issue Deal for FHLB

Amherst Securities Group Underwrites New Issue Deal for FHLB

7-year; non-call 3-month; Fixed Rate
Pricing Date	November 2, 2005
Settlement Date	November 21, 2005
Structure	7-year; non-call 3-month
First Call Date	February 28, 2006 and quarterly thereafter
Maturity	November 21, 2012
Payment Dates	Every May 21th and November 21th beginning May 2006
First Coupon	5.75%
Coupon Structure	5.75% Fixed
Size	$50 million
Issuer	Federal Home Loan Bank System
CUSIP	3133XDU58
Currency	USD