Short-term Fixed Rate Bullet

Description
Short-term fixed rate advances offer short term funding with the security of fixed rates.

Term
Maturities up to 1 year.

Application
Call the FHLBI by 11:00 a.m. Indianapolis time for same business day funding.

Rate
Rate indications will be posted each morning on Member Link. Actual rates will be set at the time of rate commitment. A history of rates and maturities is available for reference either on Member Link or in the weekly "Update" mailing. The member must take funding by next business day.

Commitment fee
None.

Prepayments
May prepay subject to applicable prepayment fees described in the Prepayment Program section of the Credit Policy. Notify the FHLBI before 2 p.m. Indianapolis time for next-day prepayment.

Updated: February 25, 2008