Terms and Conditions for Fixed Rate Fixed Term Ladder Discount Special

Terms and Conditions for Fixed Rate Fixed Term Ladder Discount Special (Until September 30, 2020)

The Federal Home Loan bank of Chicago (FHLBank Chicago) is currently offering a discount for Fixed Rate, Fixed Term advances laddered with different maturities over one year.

To qualify for the special rate, members will have to meet all of the following terms and conditions:

notes-from-the-desk-aug-table-6

Other Considerations

  • Please note that to receive the discount you will need to call in to the Member Transaction Desk at 855-345-2244, option 1, as ladders done through our online portal eBanking will not qualify for the discount.
  • Advances will not be eligible for RCAP capitalization. 


Read the Notes from the Funding Desk to review the full benefits of the strategy.



Terms and Conditions for Fixed Rate Fixed Term Ladder Discount Special and Certain Single Advance Transactions (October 1 - December 31, 2020)

FHLBank Chicago is offering a 5 bps discount to execute three or more fixed-rate, fixed-term advance ladders from October 1 - December 31, 2020. To qualify for the special rate, members will have to meet all of the following terms and conditions:


Notes 22 Sept - Table 1


FHLBank Chicago is offering a 5 bps discount to execute certain Fixed Rate Amortizing Fixed Term (A290) advances from October 1 - December 31, 2020. To qualify for the special rate, members will have to meet all of the following terms and conditions:


Notes 22 Sept - Table 3


FHLBank Chicago is offering a 5 bps discount to execute certain Fixed-Rate, Fixed-Term Advances (A121) from October 1 - December 31, 2020. To qualify for the special rate, members will have to meet all of the following terms and conditions:

Notes 22 Sept - Table 5


Contact your Sales Director for more information.

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