10/19/20 8:18 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 
Early bird discount available on A120 (<= 27 days) advances before 10:00 a.m.
October special $1mm for fixed rate callable advances.
Special early bird discount on 1-month (no minimum) and 3-month (no minimum) A121 advances executed before 10:00 a.m. The 1-Month is at .23% and the 3-Month is at .25%.  To execute, please call the Member Transaction Desk before 10:00 a.m. 
Advance Discount Specials (until December 31, 2020): 5 bps discount on qualifying fixed rate fixed term advances,  advance ladders and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.
 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 0.15% 0.23% 0.36%
5 years 0.34% 0.41% 0.64%
7 years 0.55% 0.58% 0.92%
10 years 0.77% 0.80% 1.25%
       
 Fixed Rate Advances   Fixed Rate Callable Advances (Call Option Owned by Member) 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 1 week    0.25% 0.04% Advances settle one year forward from today and then have stated term to maturity  2 years  6 months 0.50% 0.29% 0.14%
 2 weeks  0.25% 0.04%  2 years  1 year 0.44% 0.23% 0.08%
 3 weeks  0.25% 0.04%  3 years  6 months 0.58% 0.36% 0.14%
 1 month  0.15% 0.25% 0.04%  3 years  1 year 0.52% 0.31% 0.09%
 3 months  0.17% 0.27% 0.06%  5 years  6 months 0.88% 0.67% 0.45%
 6 months  0.18% 0.28% 0.07%  5 years  1 year 0.81% 0.60% 0.18%
 9 months  0.19% 0.29% 0.08%    5 years  2 year 0.74% 0.53% 0.10%
 1 year  0.24% 0.34% 0.13% 0.40%  7 years  1 year 1.07% 0.86% 0.15%
 1.5 years  0.25% 0.35% 0.14% 0.44%  7 years  2 years 0.99% 0.78% 0.07%
 2 years  0.26% 0.36% 0.15% 0.49%  10 years  2 years 1.41% 1.20% 0.16%
 2.5 years  0.29% 0.39% 0.18% 0.53%  10 years  3 years 1.37% 1.16% 0.12%
 3 years  0.33% 0.43% 0.22% 0.56%  10 years  5 years 1.31% 1.10% 0.06%
 3.5 years  0.36% 0.46% 0.25% 0.64%  15 years  5 years 1.67% 1.46% 0.01%
 4 years  0.40% 0.50% 0.29% 0.72%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  0.47% 0.57% 0.36% 0.79%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  0.54% 0.64% 0.42% 0.87%  3 years  6 months 0.26% 0.04% -0.02%
 6 years  0.68% 0.78% 0.57% 1.03%  5 years  6 months 0.23% 0.02% -0.05%
 7 years  0.82% 0.92% 0.71% 1.19%  7 years  6 months 0.22% 0.01% -0.06%
 10 years  1.15% 1.25% 1.04% 1.45%  10 years  6 months 0.20% -0.01% -0.08%
 15 years  Call for availability 1.66% 1.45%    3 years  1 year 0.29% 0.08% -0.05%
 20 years  2.09% 1.88%    5 years  1 year 0.27% 0.06% -0.07%
 30 years 
2.55% 2.34%    7 years  1 year 0.25% 0.04% -0.09%
 10 years  1 year 0.20% -0.01% -0.14%
 5 years  2 years 0.33% 0.12% -0.02%
 Amortizing Advances   7 years  2 years 0.30% 0.09% -0.05%
  Amortization Term  10 years  2 years 0.25% 0.04% -0.11%
Term 5 years 7 years 10 years 15 years  7 years  3 years 0.37% 0.16% -0.06%
 5 years  0.48% 0.55% 0.59% 0.62%  10 years  5 years 0.60% 0.39% -0.04%
 7 years  na 0.64% 0.78% 0.85%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  na na 0.90% 1.09%  5 years  6 months 0.27% 0.06% -0.01%
Term 15 years 20 years 25 years 30 years  7 years  6 months 0.24% 0.03% -0.04%
 15 years  1.25% 1.43% 1.51% 1.55%  10 years  3 months 0.22% 0.01% -0.05%
 20 years 
na 1.57% 1.77% 1.87%  7 years  1.24% 0.02% 1.26% 0.32%
 30 years  na na na 2.09%    10 years  1.55% 0.02% 1.58% 0.32%
                     
                     
 Floating Rate Advances 
 Term Discount Note Floater Advances   Overnight Index Floater Advances** 
  Non-Prepayable Prepayable (on reset dates)^  Index / Rate Indic.   Term   Prior Index   Spread   Prior Day 
 Term**   Spread to 4WK   Spread to 13WK   Spread to 4WK   Spread to 13WK  Overnight  DN^ <= 3 Months 0.055% 0.345% 0.40%
 3 months  0.20% n/a 0.30% n/a SOFR 3 Months 0.09% 0.18% 0.28%
 6 months  0.25% 0.20% 0.45% 0.40%   SOFR 6 Months 0.09% 0.19% 0.29%
 1 year  0.30% 0.25% 0.46% 0.45% SOFR 9 Months 0.09% 0.20% 0.30%
 2 years  0.40% 0.39% 0.44% 0.44% SOFR 1 Year 0.09% 0.21% 0.31%
 3 years  0.44% 0.43% 0.49% 0.49% SOFR 18 Months 0.09% 0.23% 0.33%
 4 years  0.45% 0.44% 0.51% 0.50% SOFR 2 Years 0.09% 0.24% 0.34%
 5 years  0.50% 0.49% 0.55% 0.55%  ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above. 
Prior Index 4 week 0.075% 13 week 0.114%  Overnight Advances 
 ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.   Term     Minimum   Today   Prior Day 
 LIBOR Floater Advances  1 Day   No minimum 0.25% 0.25%
  Non-Prepayable Prepayable (on reset dates) Open Line (Daily Rate Set)# No minimum 0.37% 0.37%
 Term   Spread to 1ML   Spread to 3ML   Spread to 1ML   Spread to 3ML  #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.
 3 months  0.12% n/a   n/a FHLBC Deposit Rates^ DID (yesterday) 0.00001%
 6 months  0.13% 0.06% 0.17% 0.08%  ^Call for term deposit rates. 
 1 year  0.16% 0.09% 0.24% 0.15%