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%

10 years

5 years

1.88%

1.76%

-0.13%

7 years

2.12%

2.21%

2.26%

10 years

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

2.77%

2.89%

2.94%

7 years

2.13%

0.05%

2.18%

-0.08%

30 years

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%

6 months

0.14%

0.05%

0.18%

0.07%

Open Line (Daily Rate Set)#

No minimum

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%

3 months

4 years

0.42%

0.32%

0.57%

0.47%

4 week

2.46%

2.49%

2.67%

5 years

0.44%

0.33%

0.59%

0.48%

13 Week

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.