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

10-Year Step; 3 Month Call
Pricing Date August 21, 2009
Settlement Date September 18, 2009
Structure

10 Year Step; 3 Month Call

First Call Date December 18, 2009; Quarterly Calls
Maturity Date September 18, 2019
Payment Dates Every March 18th and September 18th beginning March 2010
First Coupon 4.25%
Coupon Structure 4.25% to September 2014; 5.5% to September 2017; 7% thereafter
Size $15 million
Issuer Federal Home Loan Bank
CUSIP 3133XUQ89
Currency USD