Long-term Fixed-rate Advances
Long-term fixed-rate advances provide fixed-rate liability in numerous maturities.
- Aids balance sheet restructuring and helps lessen interest rate risk exposure by lengthening liabilities and
- Is competitive with deposits and assists in the stabilization or reduction of interest-rate risk.
||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
||May prepay subject to applicable prepayment fees described in the Repayment Procedures section of the Credit Policy
||Call FHLBank Indianapolis by 10:00 am ET for same business day funding