Weekly Market Update: August 20, 2020

Last week, FHLBank Chicago announced a $14 million Targeted Impact Fund, with members and associate members receiving up to $20,000 in grants to support relief efforts for populations hardest-hit COVID-19 and to address racial equity disparities in communities across the district. Learn more about the Program and eligibility, how and when to apply, and ask your questions at this week's Weekly Market Update!

Highlights for This Week

  • Weekly interest rate comparisons
  • Economic data releases
  • Targeted Impact Fund: Program Highlights and Eligibility, Application and Timing, and Have Your Questions Answered Live!
  • Preview of the coming week

  • Q and A

View this week's slides. 

Tune into this week’s webinar to learn more! 

FHLBank Chicago members can also visit eBanking to access the Weekly Market Update webinar presentation slides.

The Weekly Market Update is hosted by:

solutionsheadshots_hotchkiss_smJames Hotchkiss
Director, Sales, Strategy, and Solutions

JnickJessica Nick
Associate Director, Sales, Strategy, and Solutions


Certain information included in this presentation speaks only as of a particular date or dates included in this presentation. The information in the presentation may have become out of date. The Federal Home Loan Bank of Chicago (FHLBank Chicago) does not undertake an obligation, and disclaims any duty, to update any of the information in this presentation. The data, scenarios and valuations provided to you in this presentation are for information purposes only and are provided as an accommodation and without charge. The data, scenarios and valuations are estimates only and may not represent the actual or indicative terms at which new (or economically equivalent) transactions could be entered into or the actual or indicative terms at which existing (or economically equivalent) transactions could be prepaid, terminated, liquidated, assigned or unwound. The scenarios and valuations were derived using proprietary pricing models and estimates and assumptions about relevant future market conditions and other matters, all of which are subject to change without notice. The scenarios and valuations were prepared without any consideration of your institution’s balance sheet composition, hedging strategies or financial assumptions and plans, any of which may affect the relevance of these valuations to your own analysis.  

This presentation contains forward-looking statements which are based upon the FHLBank Chicago’s  current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as “anticipates,” “believes,” “expects,” “could,” “plans,” “estimates,” “may,” “should,” “will,” or their negatives or other variations on these terms. The FHLBank Chicago cautions that, by their nature, forward-looking statements involve risk or uncertainty, that actual results could differ materially from those expressed or implied in these forward-looking statements, and that actual events could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk factors set forth in the FHLBank Chicago’s periodic filings with the Securities and Exchange Commission, which are available on its website at www.fhlbc.com. 
The FHLBank Chicago makes no representations or warranties about the accuracy, currency, completeness, or suitability of any information in this presentation. This presentation is not intended to constitute legal, accounting, investment or financial advice or the rendering of legal, accounting, consulting, or other professional services of any kind.  You should consult with your accountants, counsel, financial representatives, consultants and/or other advisors regarding the extent to which the information in this presentation may be useful to you and with respect to any legal, tax, business and/or financial matters or questions. 

Contact your Sales Director for more information.

*Required Fields