6/26/19 8:22 AM
Rate Indications
 To take down an advance, contact the Member Transaction Desk: 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
Due to the Fourth of July holiday, term advances are closing at 1:00 p.m on Wednesday, July 3. Overnight and open line advances are available until 3:00 p.m. on Wednesday, July 3. The Bank is closed on Thursday, July 4.
Early bird discount available on A120 (= 27 days) advances before 10:00 a.m.
 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 1.73% 1.76% 1.96%
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 2.40%, and the 3-Month (between 87 and 94 days) is at 2.31%. To execute, please call the Member Transaction Desk before 10:00 a.m.


5 years 1.76% 1.73% 2.01%
7 years 1.88% 1.81% 2.26%
10 years 2.01% 1.94% 2.52%
       
 Fixed Rate Advances   Structured Advances 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Capped Floating Rate Advances 
 1 week    2.45% 2.34% 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  2.45% 2.34%  3 years  3ML 3.50% 0.36% 3.86%
 3 weeks  2.45% 2.34%  5 years  3ML 3.50% 0.45% 3.95%
 1 month  2.28% 2.45% 2.34%  7 years  3ML 3.50% 0.69% 4.19%
 3 months  2.26% 2.38% 2.27%  Fixed Rate Callable Advances (Call Option Owned by Member) 
 6 months  2.17% 2.25% 2.14%  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 9 months  2.09% 2.17% 2.06%    3 years  1 year 2.38% 2.27% 0.42%
 1 year  2.07% 2.17% 2.05% 1.78%  5 years  1 year 2.49% 2.37% 0.48%
 1.5 years  1.94% 2.03% 1.92% 1.82%  7 years  2 years 2.75% 2.63% 0.49%
 2 years  1.87% 1.96% 1.85% 1.87%  10 years  2 years 3.19% 3.08% 0.68%
 2.5 years  1.86% 1.95% 1.84% 1.89%  10 years  3 years 3.05% 2.94% 0.54%
 3 years  1.86% 1.96% 1.85% 1.91%  10 years  5 years 2.94% 2.83% 0.43%
 3.5 years  1.86% 1.96% 1.84% 1.94%  15 years  5 years 3.27% 3.15% 0.47%
 4 years  1.87% 1.97% 1.85% 1.97%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  1.88% 1.98% 1.87% 2.06%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  1.91% 2.01% 1.89% 2.15%  3 years  6 months 1.64% 1.53% -0.61%
 6 years  2.05% 2.15% 2.03% 2.28%  5 years  6 months 1.57% 1.45% -0.68%
 7 years  2.16% 2.26% 2.15% 2.38%  7 years  6 months 1.59% 1.48% -0.66%
 10 years  2.42% 2.52% 2.40% 2.62%  10 years  6 months 1.64% 1.53% -0.61%
 15 years  Call for availability 2.79% 2.68%    3 years  1 year 1.70% 1.58% -0.47%
 20 years  3.00% 2.89%    5 years  1 year 1.59% 1.48% -0.58%
 30 years 
3.39% 3.28%    7 years  1 year 1.59% 1.48% -0.57%
 10 years  1 year 1.62% 1.50% -0.55%
 5 years  2 years 1.66% 1.55% -0.51%
 Amortizing Advances   7 years  2 years 1.62% 1.51% -0.55%
  Amortization Term  10 years  2 years 1.63% 1.52% -0.54%
Term 5 years 7 years 10 years 15 years  7 years  3 years 1.68% 1.57% -0.28%
 5 years  2.03% 2.04% 2.05% 2.05%  10 years  5 years 1.88% 1.76% -0.13%
 7 years  na 2.12% 2.21% 2.26%
 10 years  na na 2.30% 2.44%  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  2.56% 2.69% 2.75% 2.78%  5 years  1.95% 0.05% 2.00% -0.01%
 20 years  na 2.77% 2.89% 2.94%  7 years  2.13% 0.05% 2.18% -0.08%
 30 years  na na na 3.13%    10 years  2.13% 0.05% 2.18% -0.33%
 
                   
                     
                     
 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 2.45% 2.45%
 6 months  0.14% 0.05% 0.18% 0.07% Open Line (Daily Rate Set)# No minimum 2.59% 2.59%
 1 year  0.17% 0.05% 0.25% 0.11%   #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  0.18% 0.08% 0.30% 0.18%  Discount Note Indexed Advances^ 
 2 years  0.24% 0.15% 0.39% 0.29%  Index / Rate Indic.   ≤ 3m   3m - 1y   > 1y   Max Term 
 3 years  0.42% 0.31% 0.57% 0.46% Overnight  2.52% na na 3 months
 4 years  0.42% 0.32% 0.57% 0.47% 4 week 2.46% 2.49% 2.67% 5 years
 5 years  0.44% 0.33% 0.59% 0.48% 13 Week na 2.40% 2.59% 5 years**
 6 years  0.56% 0.46% 0.71% 0.61%  ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index. 
 7 years  0.63% 0.53% 0.78% 0.68%  Adjustable Rate Advances 
 10 years  0.76% 0.66% 0.91% 0.81%  Term   Index     Spread   Prior Index 
6 month SOFR (Secured Overnight Financing Rate) 0.18% 2.41%
FHLBC Deposit Rates^ DID (yesterday) 2.21663% 9 month SOFR (Secured Overnight Financing Rate) 0.19% 2.41%
 ^Call for term deposit rates.  1 year SOFR (Secured Overnight Financing Rate) 0.20% 2.41%
 Please call for additional terms not listed above.