|Typical maturities from 1-Year to 10-Years
|Remains fixed for entire term of maturity
|Interest is Paid
|Monthly and/or at Maturity
|Principal is Paid
|Principal Prepayment Policy
|The prepayment fee for cancellation of the mandatory rate commitment prior to the settlement date of the advance is described in the Confirmation of Mandatory Takedown Rate Commitment for Term Advance. After settlement and funding, member may prepay subject to applicable prepayment fees described in the Repayment Procedures section of the Credit Policy.
|Prior to FHLBank Indianapolis issuing a rate commitment, a member must sign and return an Application for a Forward-Starting Fixed-Rate Bullet Advance