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New FRC Advance Features

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Enjoy More Flexibility with the New Fixed Rate Credit Advance

FHLBank Atlanta is streamlining its Fixed Rate Credit (FRC) advance product and introducing flexible options to support your specific funding needs.

Beginning January 30, 2018, the new FRC will offer simplified pricing and provide a new option for fully symmetrical prepayment for advances with maturities of 12 months or greater and notional amounts of $1 million or more.

View a brief five-minute presentation to learn more about the new FRC advance.

FRC advances are flexible and offer your institution many potential benefits, including:

Simplified pricing
FRC pricing will be based off of live market levels. Administrative costs associated with unwinding an advance will be reduced.

Fully symmetrical prepayment option
Potentially realize an uncapped gain on the advance prepayment if market interest rates rise.*

Funding flexibility
Secure liquidity, fund fixed-rate loans and investments, and manage interest-rate risk based on your unique balance sheet needs.

For more information, please call the Funding Desk at 1.800.536.9650, extension 8011.

*Shareholders should consult their own financial and accounting advisors prior to obtaining a fully symmetrical advance to determine potential accounting implications, including, among other things, any potential issues related to embedded derivatives.

The Federal Home Loan Bank of Atlanta is not a registered investment advisor. Nothing herein is an offer to sell or a solicitation of an offer to buy any securities or derivative products. You should consult your own legal, financial, and accounting advisors before entering into any transaction.