4/24/19 8:15 AM
Rate Indications
 To take down an advance, contact the Member Transaction Desk: 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
Reduced Capitalization Advance Program (RCAP) advances are available until the amount is exhausted. Short-term advances, including overnight advances are now included. Refer to RCAP terms and conditions posted in the Member Products Guide.
Early bird discount available on A120 (= 27 days) advances before 10:00 a.m.
Friday, April 19, 2019: Term advances closed; overnight and open line advances regular 3:00 p.m. close.
 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 2.32% 2.42% 2.51%
Special early bird discount on 1-month and 3-month A121 advances executed before 10:00 a.m. ($15mm minimum). The 1-Month A121 (between 28 and 33 days) is at 2.53%, and the 3-Month (between 87 and 94 days) is at 2.54%. To execute, please call the Member Transaction Desk before 10:00 a.m.


5 years 2.32% 2.35% 2.53%
7 years 2.41% 2.41% 2.76%
10 years 2.53% 2.51% 2.98%
       
 Fixed Rate Advances   Structured Advances 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Capped Floating Rate Advances 
 1 week    2.57% 2.46% Advances settle one year forward from today and then have stated term to maturity  Term   Index   Index Cap   Spread to 3ML   Rate Cap 
 2 weeks  2.58% 2.47%  3 years  3ML 3.50% 0.25% 3.75%
 3 weeks  2.58% 2.47%  5 years  3ML 3.50% 0.29% 3.79%
 1 month  2.48% 2.58% 2.47%  7 years  3ML 3.50% 0.65% 4.15%
 3 months  2.49% 2.59% 2.48%  Fixed Rate Callable Advances (Call Option Owned by Member) 
 6 months  2.51% 2.61% 2.50%  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 9 months  2.48% 2.58% 2.46%    3 years  1 year 2.85% 2.73% 0.37%
 1 year  2.47% 2.57% 2.46% 2.46%  5 years  1 year 2.93% 2.81% 0.40%
 1.5 years  2.43% 2.53% 2.42% 2.45%  7 years  2 years 3.15% 3.03% 0.38%
 2 years  2.41% 2.51% 2.39% 2.45%  10 years  2 years 3.58% 3.46% 0.59%
 2.5 years  2.39% 2.49% 2.37% 2.46%  10 years  3 years 3.42% 3.31% 0.44%
 3 years  2.38% 2.48% 2.37% 2.47%  10 years  5 years 3.32% 3.20% 0.33%
 3.5 years  2.39% 2.48% 2.37% 2.49%  15 years  5 years 3.64% 3.52% 0.37%
 4 years  2.40% 2.49% 2.38% 2.52%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  2.40% 2.50% 2.39% 2.60%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  2.43% 2.53% 2.41% 2.68%  3 years  6 months 2.13% 2.02% -0.48%
 6 years  2.56% 2.66% 2.55% 2.80%  5 years  6 months 2.04% 1.93% -0.57%
 7 years  2.67% 2.76% 2.65% 2.94%  7 years  6 months 2.04% 1.92% -0.57%
 10 years  2.89% 2.98% 2.87% 3.10%  10 years  6 months 2.07% 1.96% -0.54%
 15 years  Call for availability 3.27% 3.15%    3 years  1 year 2.20% 2.09% -0.37%
 20 years  3.48% 3.37%    5 years  1 year 2.10% 1.99% -0.47%
 30 years 
3.77% 3.66%    7 years  1 year 2.08% 1.96% -0.50%
 10 years  1 year 2.09% 1.97% -0.49%
 5 years  2 years 2.17% 2.06% -0.40%
 Amortizing Advances   7 years  2 years 2.11% 2.00% -0.46%
  Amortization Term  10 years  2 years 2.12% 2.01% -0.45%
Term 5 years 7 years 10 years 15 years  7 years  3 years 2.18% 2.06% -0.30%
 5 years  2.53% 2.55% 2.56% 2.56%  10 years  5 years 2.36% 2.24% -0.17%
 7 years  na 2.62% 2.71% 2.76%
 10 years  na na 2.80% 2.92%  Fixed Rate Floating Spread Advances  
Term 15 years 20 years 25 years 30 years  Term   Fixed Rate   Floating Spread   Initial Rate   Initial Difference 
 15 years  3.04% 3.17% 3.22% 3.25%  5 years  2.56% 0.00% 2.56% 0.03%
 20 years  na 3.25% 3.36% 3.42%  7 years  2.72% 0.00% 2.72% -0.04%
 30 years  na na na 3.57%    10 years  2.72% 0.00% 2.72% -0.26%
 
                   
                     
                     
 Floating Rate Advances 
 LIBOR Indexed Advances   Overnight Advances 
  Non-Prepayable Prepayable (on reset dates)  Term     Minimum   Today   Prior Day 
 Term   Spread to 1ML   Spread to 3ML   Spread to 1ML   Spread to 3ML  1 Day   No minimum 2.56% 2.56%
 6 months  0.12% 0.03% 0.16% 0.05% Open Line (Daily Rate Set)# No minimum 2.64% 2.65%
 1 year  0.13% 0.02% 0.21% 0.08%   #Rate set at and available until 3:00 pm; Late Day Advances available until 4:30 pm by calling 855-345-2244, Option 1.
 18 months  0.16% 0.06% 0.28% 0.16%  Discount Note Indexed Advances^ 
 2 years  0.20% 0.09% 0.35% 0.23%  Index / Rate Indic.   ≤ 3m   3m - 1y   > 1y   Max Term 
 3 years  0.30% 0.19% 0.45% 0.34% Overnight  2.62% na na 3 months
 4 years  0.33% 0.22% 0.48% 0.37% 4 week 2.62% 2.68% 2.86% 5 years
 5 years  0.35% 0.24% 0.50% 0.39% 13 Week na 2.65% 2.84% 5 years**
 6 years  0.46% 0.35% 0.61% 0.50%  ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index. 
 7 years  0.53% 0.42% 0.68% 0.57%  Adjustable Rate Advances 
 10 years  0.65% 0.55% 0.80% 0.70%  Term   Index     Spread   Prior Index 
6 month SOFR (Secured Overnight Financing Rate) 0.20% 2.46%
FHLBC Deposit Rates^ DID (yesterday) 2.27939% 9 month SOFR (Secured Overnight Financing Rate) 0.21% 2.46%
 ^Call for term deposit rates.  1 year SOFR (Secured Overnight Financing Rate) 0.23% 2.46%
 Please call for additional terms not listed above.