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Important Changes to Short-Term Advance Markdowns

The Bank's discounted offerings of short-term advances on Tuesday and Thursday of each week have been a popular source of liquidity and funding for our members. The FHLBanks' Office of Finance is introducing some changes to ensure the continuing efficiency of the market for FHLB notes.

As a result, beginning on July 14, the Bank will make the following changes:

  • The offering window will be open from 10:00 to 10:45 a.m.
  • The two-month advance will have a maturity of eight weeks instead of nine weeks.

Please call the Money Desk at 800-357-3452 with any questions.

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