Amherst Securities LP
Amherst Securities Group Underwrites New Issue Deal for FHLB
5-Year Step-Up ; Non-Call 3-Month
Pricing Date

August 13, 2008

Settlement Date August 28, 2008
Structure 5-year step-up ; non-call 3-month
First Call Date

November 28, 2008; quarterly thereafter

Maturity Date August 28, 2013
Payment Dates

Every August 28th and February 28th beginning February 2009

First Coupon 4.0%
Coupon Structure 4.0% to August 2010; 5.0% to August 2011; 6.0% thereafter
Size $15 million
Issuer Federal Home Loan Bank
CUSIP

3133XS2G2

Currency USD