04/26/07 Amherst Securities Group Underwrites New Issue Deal for FHLB

Amherst Securities Group Underwrites New Issue Deal for FHLB

5.5 year; non-call 1-year
Pricing Date	April 26, 2007
Settlement Date	May 9, 2007
Structure	5.5 year; non-call 1-year
First Call Date	May 9, 2008 and quarterly thereafter
Maturity Date	November 9, 2012
Payment Dates	Every May 9th and November 9th beginning November 2007
First Coupon	5.35%
Coupon Structure	Fixed
Size	$15 million
Issuer	Federal Home Loan Bank System
CUSIP	3133XKQC2
Currency	USD