FHLBanks Price $1 Billion 2-Year Global on October 8, 2025

FOR IMMEDIATE RELEASE: 

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

Leads: Barclays Capital Inc., Deutsche Bank Securities Inc., and Nomura Securities International, Inc.
Distribution Group: 9 Firms
CUSIP: 3130B82L5
Pricing Date: 10/8/2025
Settlement: 10/9/2025
Maturity: 10/4/2027
Treasury Yield: 3.572%
Spread: 3.5 bps
Yield: 3.607%
Price: 99.797
Coupon: 3.50%
Interest Payments: April 4 and October 4, beginning on April 4, 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.