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

15-year; non-call 1-year; Fixed Rate
Pricing Date

November 2, 2005

Settlement Date November 17, 2005
Structure 15-year; non-call 1-year
First Call Date

February 17, 2006 and quarterly thereafter

Maturity

November 17, 2020

Payment Dates Every May 17th and November 17th beginning May 2006
First Coupon 6.20%
Coupon Structure 6.20% Fixed
Size $30 million
Issuer Federal Home Loan Bank System
CUSIP 3133XDUG4
Currency USD