...(a) The interest rate on the Bonds for the applicable Interest Period is as follows: Interest Periods Commencing Interest Rate April 29, 2015 through April 28, 2017 1.50% April 29, 2017 through April 28, 2019 2.00% April 29, 2019 through April 28, 2021 2.50% April 29, 2021 through April 28, 2023 3.00% April 29, 2023 through October 28, 2023 4.00% October 29, 2023 through April 28, 2024 6.00% April 29, 2024 through October 28, 2024 8.00% October 29, 2024 through April 28, 2025 10.00% (b) Interest Payment Dates: Semi-Annual, Each 04/29 and 10/29 commencing on Oct 29, 2015 (c) Day Count Convention: 30/360 Redemption: Redemption at the option of the FHLBanks (a) Notice of Redemption: We will request that a notice of redemption be broadcast to depository institutions through the communication system of the Federal Reserve Bank of New York at least 5 Business Days prior to the Redemption Date. Failure to give any notice or any defect therein shall not affect the validity of any proceedings for...
