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

7-Year Canary Step; 3 Month Call
Pricing Date September  11, 2009
Settlement Date September 30, 2009
Structure

7 Year Canary Step; 3 Month Call

First Call Date December 30, 2009, Quarterly Calls till 9/30/2011
Maturity Date September 30, 2016
Payment Dates Every March 30th and September 30th beginning March 2010
First Coupon 2%
Coupon Structure

2% to September 2011; 5% thereafter

Size $15 million
Issuer Federal Home Loan Bank
CUSIP 3133XUVQ3
Currency USD