FHLBanks Price $1 Billion 2-Year Global on September 10, 2025

FOR IMMEDIATE RELEASE: 

The FHLBanks have priced the $1 billion 2-year Global as follows: 

Leads: Academy Securities, Inc., Barclays Capital Inc., and Wells Fargo Securities
Distribution Group: 8 Firms
CUSIP: 3130B7QM9 
Pricing Date: 9/10/2025 
Settlement: 9/11/2025 
Maturity: 9/9/2027
Treasury Yield: 3.525% 
Spread: 3.5 bps 
Yield: 3.560% 
Price: 99.886
Coupon: 3.500% 
Interest Payments: September 9 and March 9, beginning on March 9, 2026 (short first coupon)

Preliminary distribution information will be available on www.fhlb-of.com. 

This announcement is neither an offer to sell, nor a solicitation of offers to buy, these securities. Distribution estimates are based on order book composition for syndicated issues furnished to the Office of Finance by underwriters at the time of securities pricing and may not reflect the current distribution of securities. The Office of Finance does not independently validate submitted data.