REPO Advance

A source of liquidity with easy access and competitive market rates:

  • Enables members that participate in the REPO market to utilize the FHLB as a source of finance for this type of funding
  • Minimum transaction size of $15 million

 

Maturity
1 day to 1 year (borrower specified)
Rate
Remains fixed rate for entire term of maturity
Accrual Basis
Actual / 360 day basis
Interest is Paid
At maturity
Principal is Paid
At maturity
Principal Prepayment Policy
Not prepayable
Submission of Application
A REPO Advance application is required every 12 months

To learn more about our Advance products, contact Jeff Berryman or Lisa Wishart at 800-828-4191.

Contact Us To Learn More