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Convertible Advances

Indications as of 04/23/2018 at 08:19 AM

Term Initial FHLB Option Period1 Strike Rate2 Option Frequency3 Advance Rate
Regular CIA
5 Years 2 Years None Quarterly
  2.73%
  2.55%
10 Years 1 Year None Quarterly
  2.73%
  2.54%
10 Years 3 Years None Quarterly
  2.89%
  2.70%
10 Years 5 Years None Quarterly
  3.00%
  2.81%

Notes

  • 1. Period after which the advance can be terminated by FHLB Des Moines.
  • 2. Rate at which 3 month LIBOR must reach before advance can be terminated by FHLB Des Moines.
  • 3. Frequency of FHLB Des Moines option to terminate the advance.

Comments

For additional product details, please review our product sheet.

For Convertible Advances not listed above, please contact the Money Desk at 800.544.3452, ext. 1013.

Advances must be a minimum of $500,000 with $100,000 increments.

Other terms and conditions may apply.

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