11/23/20 8:33 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 Thanksgiving, advances will be closed on Thursday, November 26, 2020. On Friday, November 27, 2020, term advances will close at 1:00 p.m. Overnight and open line advances close at 3:00 p.m.
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 .23%.  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 0.16% 0.25% 0.36%
5 years 0.38% 0.45% 0.64%
7 years 0.62% 0.63% 0.94%
10 years 0.84% 0.85% 1.24%
       
 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 0.51% 0.29% 0.15%
 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% 0.16%
 1 month  0.15% 0.25% 0.04%  3 years  1 year 0.53% 0.32% 0.11%
 3 months  0.15% 0.25% 0.04%  5 years  6 months 0.90% 0.69% 0.48%
 6 months  0.16% 0.26% 0.04%  5 years  1 year 0.83% 0.62% 0.19%
 9 months  0.16% 0.26% 0.05%    5 years  2 year 0.76% 0.55% 0.12%
 1 year  0.21% 0.31% 0.10% 0.44%  7 years  1 year 1.11% 0.90% 0.18%
 1.5 years  0.25% 0.35% 0.14% 0.45%  7 years  2 years 1.06% 0.85% 0.12%
 2 years  0.26% 0.36% 0.15% 0.48%  10 years  2 years 1.46% 1.25% 0.22%
 2.5 years  0.29% 0.38% 0.17% 0.54%  10 years  3 years 1.42% 1.21% 0.18%
 3 years  0.32% 0.42% 0.21% 0.61%  10 years  5 years 1.39% 1.18% 0.15%
 3.5 years  0.37% 0.47% 0.25% 0.66%  15 years  5 years 1.80% 1.59% 0.16%
 4 years  0.42% 0.52% 0.31% 0.73%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  0.48% 0.58% 0.37% 0.82%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  0.54% 0.64% 0.43% 0.90%  3 years  6 months 0.28% 0.07% 0.02%
 6 years  0.70% 0.80% 0.59% 1.05%  5 years  6 months 0.26% 0.04% 0.00%
 7 years  0.84% 0.94% 0.73% 1.20%  7 years  6 months 0.25% 0.04% -0.01%
 10 years  1.14% 1.24% 1.03% 1.44%  10 years  6 months 0.23% 0.02% -0.03%
 15 years  Call for availability 1.64% 1.43%    3 years  1 year 0.30% 0.08% -0.01%
 20 years  2.06% 1.85%    5 years  1 year 0.27% 0.06% -0.04%
 30 years 
2.47% 2.25%    7 years  1 year 0.25% 0.04% -0.05%
 10 years  1 year 0.22% 0.01% -0.09%
 5 years  2 years 0.31% 0.10% -0.05%
 Amortizing Advances   7 years  2 years 0.29% 0.08% -0.07%
  Amortization Term  10 years  2 years 0.23% 0.02% -0.13%
Term 5 years 7 years 10 years 15 years  7 years  3 years 0.37% 0.16% -0.04%
 5 years  0.48% 0.56% 0.60% 0.62%  10 years  5 years 0.60% 0.39% -0.03%
 7 years  na 0.65% 0.80% 0.87%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  na na 0.91% 1.09%  5 years  6 months 0.25% 0.04% 0.00%
Term 15 years 20 years 25 years 30 years  7 years  6 months 0.19% -0.02% -0.06%
 15 years  1.25% 1.43% 1.51% 1.55%  10 years  3 months 0.18% -0.03% -0.07%
 20 years  na 1.57% 1.76% 1.86%
 7 years 
1.24% 0.02% 1.26% 0.32%
 30 years  na na na 2.05%    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 0.024% 0.345% 0.37%
 3 months  0.20% n/a 0.30% n/a SOFR 3 Months 0.05% 0.17% 0.23%
 6 months  0.25% 0.20% 0.45% 0.40%   SOFR 6 Months 0.05% 0.17% 0.23%
 1 year  0.30% 0.25% 0.46% 0.45% SOFR 9 Months 0.05% 0.18% 0.24%
 2 years  0.38% 0.38% 0.42% 0.42% SOFR 1 Year 0.05% 0.19% 0.25%
 3 years  0.39% 0.39% 0.44% 0.44% SOFR 18 Months 0.05% 0.21% 0.27%
 4 years  0.45% 0.44% 0.49% 0.49% SOFR 2 Years 0.05% 0.22% 0.28%
 5 years  0.47% 0.46% 0.50% 0.50%  ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above. 
Prior Index 4 week 0.040% 13 week 0.055%  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  0.09% 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  0.15% 0.09% 0.23% 0.15%