FHLBank offers a wide variety of advance programs:
Adjustable Rate Treasury Advance - a source of intermediate or long-term financing indexed to the one-year Treasury Bill rate.
Balloon Payment Advance - an intermediate term fixed rate advance with amortization schedules of 15, 20 or 30 years.
Callable Fixed Rate Advance - a long-term fixed rate program allowing the borrower to call the advance from FHLBank on pre-determined dates.
Cash Management Advance (CMA) - a source of overnight liquidity to address day-to-day cash needs.
Constant Monthly Payment (CMP) Advance - an intermediate fixed rate advance that fully amortizes by the final maturity date.
London Interbank Offered Rate (LIBOR) Advance - an advance that serves as a source of liquidity and is priced according to prevailing rates on 1 and 3 month LIBOR.
One Year Variable - alternative source of liquidity with a user-designated maturity.
Prime Rate Based Advance - an adjustable rate advance indexed to the Prime Rate of interest.
Putable Fixed Rate (PFR) Advance - a fixed rate advance with the sale of one or more put options by the member to the FHLBank.
Regular Fixed Rate Advance - fixed rate liabilities available in numerous maturities.
Regular Mortgage Matched Advance (MMA) - a long-term fixed rate advance that amortizes like a mortgage (level monthly payments).
REPO Advance - a source of liquidity with easy access and competitive market rates.
Select Payment Mortgage Matched Advance (SPMMA) - borrower specifies the prepayment percentage to be paid annually prior to borrowing.
Short-Term Fixed Rate Advance - provides members with an alternative to deposit markets for short-term funding needs.
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