Long-term Fixed-rate Advances
Long-term fixed-rate advances provide fixed-rate liability in numerous maturities.
This advance:
- 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.
Term |
Typical maturities from 1-Year to 10-Years |
Rate |
Remains fixed for entire term of maturity |
Interest is Paid |
Monthly and/or at Maturity |
Principal is Paid |
At Maturity |
Principal Prepayment Policy |
May prepay subject to applicable prepayment fees described in the Repayment Procedures section of the Credit Policy |
Application |
Call FHLBank Indianapolis by 10:00 am ET for same business day funding |