SOFR Update: SOFR-Indexed Advance Planned for February

  • January 31, 2019
The Federal Home Loan Bank of Chicago (FHLBank Chicago) is planning to offer a SOFR-indexed advance in late February, as we continue to prepare for the phase out of the London Interbank Offered Rate (LIBOR) by December 31, 2021. 

If you are interested in floating rate advances indexed to SOFR, please contact your Sales Director to learn more. 

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Please direct all media inquiries to:

Casey Reidy 
Director, Communications

Heather Bockstruck
Assistant Director, Communications