Credit Programs

The FHLBI offers members a wide range of advances and other credit programs designed to fit many management needs. The following links outline the general terms and conditions of each program; however, the FHLBI will seek to be flexible in meeting members' needs. From time to time, the FHLBI may offer additional credit programs that are consistent with its credit mission.

Variable Rate Advances
> Daily Variable Rate Advance

Variable Rate Index Adjusted Advances
> Fed Funds Floating Rate Advance
> LIBOR Adjustable Rate Advance
> Prime-based Adjustable Advance
> CMT Adjustable Advance

Amortizing Advances
> Mortgage Advance
> Monthly Amortizing Mortgage Advance
> Amortizing Advance

Option Based and Derivative Advances
> Putable Advance
> Flipper Advance
> Rally Advance
> Callable Advance
> Interest Rate Swap
> Interest Rate Cap, Floors, and Collars

Fixed-rate Bullet Advances
> Short-term Fixed Rate Bullet
> Long-term Fixed Rate Bullet
> Overdraft Line of Credit
> Letter of Credit
> Community Investment Project Advances
> Affordable Housing Program (AHP)

Updated: February 25, 2008