FHLBanks Price $1 Billion 2-Year Global on March 13, 2025

FOR IMMEDIATE RELEASE:  

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

Leads: Barclays Capital Inc., Citigroup Global Markets Inc., and Deutsche Bank Securities Inc. 
Distribution Group: 10 Firms 
CUSIP: 3130B5K64  
Pricing Date: 3/13/2025  
Settlement: 3/14/2025  
Maturity: 3/10/2027 
Treasury Yield: 3.999%  
Spread: 5.5 bps  
Yield: 4.054%  
Price: 99.898 
Coupon: 4.0%  
Interest Payments: September 10 and March 10, beginning on September 10, 2025 (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.