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7/2/24 8:35 AM

Rate Indications

To take down an advance, login to eBanking or contact the Member Transaction Desk :

855-345-2244, Option 1

Today's Headlines

Market Rates

In observance of Independence Day, on Wednesday, July 3, 2024, term advances will close at 1 p.m. Overnight and open line advances close at 3 p.m. FHLBank Chicago is closed Thursday, July 4, 2024.

Advance Discount Specials (until September 30, 2024): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.

Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 5.45%) and 3-month (no minimum at 5.47%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Term

Treasury

Swaps

Fixed Rate Advances

2 years

4.73%

4.59%

4.83%

5 years

4.39%

4.11%

4.50%

7 years

4.39%

4.04%

4.67%

10 years

4.43%

4.01%

4.82%

FHLBC Deposit Rates^

DID (yesterday)

5.180%

^Call for term deposit rates.

Fixed Rate Advances

Fixed Rate Callable Advances (Member-Owned Embedded Option)

Term

Community Advances

Regular Advances

All-in After Dividend*

Forward-Starting

Term

Lockout

Bermudan

All-in After Dividend*

Option Cost

1 week

5.46%

5.30%

Advances settle one year forward from today and then have stated term to maturity

2 years

6 months

5.74%

5.58%

0.91%

2 weeks

5.46%

5.30%

2 years

1 year

5.45%

5.29%

0.62%

3 weeks

5.47%

5.31%

3 years

6 months

5.88%

5.72%

1.23%

1 month

5.37%

5.47%

5.31%

3 years

1 year

5.56%

5.40%

0.91%

3 months

5.39%

5.49%

5.33%

5 years

6 months

6.08%

5.92%

1.57%

6 months

5.33%

5.43%

5.27%

5 years

1 year

5.77%

5.61%

1.27%

9 months

5.27%

5.37%

5.21%

5 years

2 year

5.32%

5.16%

0.82%

1 year

5.06%

5.16%

5.00%

4.50%

7 years

1 year

5.98%

5.82%

1.31%

1.5 years

4.89%

4.99%

4.83%

4.41%

7 years

2 years

5.52%

5.36%

0.85%

2 years

4.73%

4.83%

4.67%

4.40%

10 years

2 years

5.86%

5.70%

1.05%

2.5 years

4.61%

4.71%

4.55%

4.39%

10 years

3 years

5.53%

5.37%

0.71%

3 years

4.55%

4.65%

4.49%

4.38%

10 years

5 years

5.06%

4.90%

0.25%

3.5 years

4.50%

4.60%

4.44%

4.36%

15 years

5 years

5.35%

5.19%

0.32%

4 years

4.47%

4.58%

4.42%

4.34%

Fixed Rate Putable Advances (Bank-Owned Embedded Option)

4.5 years

4.43%

4.53%

4.37%

4.42%

Term

Lockout

European

All-in After Dividend*

Option Value

5 years

4.40%

4.50%

4.34%

4.50%

3 years

6 months

4.31%

4.16%

-1.12%

6 years

4.51%

4.61%

4.45%

4.59%

5 years

6 months

4.00%

3.84%

-1.43%

7 years

4.57%

4.67%

4.51%

4.67%

7 years

6 months

3.89%

3.73%

-1.54%

10 years

4.71%

4.82%

4.66%

4.83%

10 years

6 months

3.80%

3.64%

-1.63%

15 years

Call for availability

5.04%

4.88%

3 years

1 year

4.35%

4.19%

-0.81%

20 years

5.26%

5.10%

5 years

1 year

4.03%

3.87%

-1.12%

30 years

5.34%

5.18%

7 years

1 year

3.91%

3.75%

-1.25%

10 years

1 year

3.83%

3.67%

-1.33%

5 years

2 years

4.13%

3.97%

-0.70%

Fixed Rate Amortizing Advances

7 years

2 years

3.95%

3.79%

-0.88%

Amortization Term

10 years

2 years

3.81%

3.65%

-1.02%

Term

5 years

7 years

10 years

15 years

7 years

3 years

4.02%

3.86%

-0.63%

5 years

4.74%

4.68%

4.64%

4.62%

10 years

5 years

4.21%

4.05%

-0.29%

7 years

n/a

4.73%

4.74%

4.75%

Term

Lockout

Bermudan

All-in After Dividend*

Option Value

10 years

n/a

4.80%

4.86%

5 years

6 months

3.75%

3.59%

-1.68%

Term

15 years

20 years

25 years

30 years

7 years

6 months

3.50%

3.34%

-1.93%

15 years

4.95%

5.03%

5.07%

5.09%

10 years

3 months

3.20%

3.04%

-2.29%

20 years

n/a

5.12%

5.22%

5.27%

7 years

1.24%

0.02%

1.26%

0.32%

30 years

n/a

5.31%

10 years

1.55%

0.02%

1.58%

0.32%

Floating Rate Advances

Discount Note Floater Advances

SOFR Index Floater Advances

Non-Prepayable

Prepayable (on reset dates)^

Index / Rate Indic.

Term

Prior Index

Spread

Prior Day Rate

Term**

Spread to 4WK

Spread to 13WK

Spread to 4WK

Spread to 13WK

SOFR

3 Months

5.40%

0.15%

5.48%

3 months

0.23%

n/a

0.26%

n/a

SOFR

6 Months

5.40%

0.16%

5.49%

6 months

0.29%

0.23%

0.36%

0.30%

SOFR

9 Months

5.40%

0.19%

5.52%

1 year

0.32%

0.26%

0.38%

0.32%

SOFR

1 Year

5.40%

0.20%

5.53%

2 years

0.42%

0.38%

0.44%

0.40%

SOFR

18 Months

5.40%

0.24%

5.57%

3 years

0.49%

0.45%

0.51%

0.47%

SOFR

2 Years

5.40%

0.26%

5.59%

4 years

0.52%

0.48%

0.54%

0.50%

SOFR

3 Years

5.40%

0.39%

5.72%

5 years

0.54%

0.50%

0.56%

0.52%

SOFR

4 Years

5.40%

0.46%

5.79%

Prior Index

4 week

5.259%

13 week

5.329%

SOFR

5 Years

5.40%

0.46%

5.79%

^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.

SOFR

6 Years

5.40%

0.62%

5.95%

Overnight Discount Note Floater**

SOFR

7 Years

5.40%

0.71%

6.03%

Term^

Prior Index

Spread

Prior Day Rate

SOFR

8 Years

5.40%

0.79%

6.11%

<= 3 Months

5.306%

0.310%

5.616%

SOFR

9 Years

5.40%

0.84%

6.17%

^Prepayable same day before 3:00PM. **Please call for additional terms not listed above.

SOFR

10 Years

5.40%

0.88%

6.21%

Overnight Advances

Term

Minimum

Today

Prior Day

1 Day

No minimum

5.46%

Open Line (Daily Rate Set)#

No minimum

5.66%

5.59%

#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1.