| Maturity: |
One year to thirty years. |
| Minimum Size: |
None. |
| Interest Rate: |
Periodic increase or decrease as agreed. Interest is payable and charged to the member's DID account on the fifth calendar day of each month using the following business day convention. |
| Day Count Fraction: |
Actual/360. |
| Prepayment: |
Permitted pursuant to standard FHLBC policy. |
| Availability: |
Same-day funding is available for transactions initiated prior to 2 p.m. (Chicago time.) |
| Commitment: |
Optional draw forward commitments are available at market rates for up to six months. Mandatory forward commitments are available for up to six months. |
| CICA: |
Available. |
About Us
Publications
Printer Friendly Page