8/29/06 Amherst Securities Group Underwrites New Issue Deal for FHLB

Amherst Securities Group Underwrites New Issue Deal for FHLB

10.25-year; non-call 1-year; Fixed Rate
Pricing Date	August 29, 2006
Settlement Date	September 21, 2006
Structure	10.25-year; non-call 1-year
First Call Date	September 21, 2007 and quarterly thereafter
Maturity Date	December 21, 2016
Payment Dates	Every June 21st and December 21st beginning December 2006
First Coupon	6.00%
Coupon Structure	Fixed
Size	$15 million
Issuer	Federal Home Loan Bank System
CUSIP	3133XGUA0
Currency	USD