Optional Principal Redemption Bonds(Callable Bonds) may be redeemed by the FHLBank in whole or in part at its discretion on predetermined call dates, according to the terms of the Bond. Indexed Amortizing Notes(Indexed Principal Redemption Bonds) repay principal based on a predetermined amortization schedule or formula that is linked to the level of a certain index, according to the terms of the Bond. Scheduled Amortizing Notesrepay principal based on a predetermined amortization schedule, according to the terms of the Bond.
(2) Call Style Description:
Indicates whether the Bond is redeemable at the option of the FHLBank, and if so redeemable, the type of redemption provision. The types of redemption provisions are: American Bondsare redeemable continuously on and after the first redemption date until maturity. Bermudan Bondsare redeemable on specified recurring dates on and after the first redemption date, until maturity. European Bondsare redeemable on a particular date only.
(3) Rate Type Description:
Fixed Bondsgenerally pay interest at constant fixed rates over the life of the Bond, according to the terms of the Bond. Variable Bondsmay pay interest at different rates over the life of the Bond, according to the terms of the Bond.
(4) Rate Sub-Type Description:
Constant Bondsgenerally pay interest at fixed rates over the life of the Bond, according to the terms of the Bond. Single Index Floater Bondspay interest at a rate that increases as an index rises and decreases as an index declines, according to the terms of the Bond.
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