July 07, 2015
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.