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Rate Guide: Daily Rates
Announcing a Public Unit Deposit Program
for Minnesota and Missouri Members
Are you looking to
diversify your deposit mix? Do you want more flexibility in managing your collateral
and investment portfolio? Public Unit Deposits may be the answer to solving your
deposit needs and they can now be conveniently obtained by FHLB Des Moines
members in Minnesota and Missouri. Find out how you can take advantage of this
program
now.
Rate information can be found at:
Amortizing Advance Rates
Rate indications are
available for amortizing advances with amortization periods of up to 30 years,
terms up to 20 years, various payment frequencies and embedded options to prepay
the advance without prepayment fee after a period of time selected by you. Call
the Money Desk, 800.544.3452, ext. 1013, to get a rate indication for the
amortizing advance needed to fund the longer term loan your customer wants.
Selected
amortizing advance structures
are priced weekly.
Daily
Rates
The advance and deposit rate information provided below
are INDICATIONS only. Actual rates are based on existing
market conditions at the time of the request. For
Community Investment Advance Rates and information about
other Home Loan Bank advance products, please contact the
Money Desk at 800.544.3452 ext. 1013. For Time Deposit
information or to open a Time Deposit, please contact
Member Financial services at ext. 5415.
Please note that the Bank has updated the appearance of
the Daily Advance Rates page. The updates include:
- Publishing advance rates for the most frequently requested advance types;
- Publishing both the current and previous day's advance rate and the corresponding change in rate;
- Reformatting the printable version of the Daily Rates to one page with the inclusion of important Bank contact information; and
- Removal of the Community Investment Advance Rate indications. Please contact the Money Desk at 800.544.3452 ext. 1013 for funds availability and rate indications
Although a number of advance types and rate indications
are no longer published on the Daily Rates page, they
remain available and rate indications may be obtained from
the Rates History Database or
by contacting the Money Desk. The Weekly Rate Report has not been
affected by these changes and continues to be available in
its original format.
| Term |
Today's Rate |
Prior Day's Rate |
| O/N |
N/A |
0.32% |
| Term |
Today's Rate |
Prior Day's Rate |
Change from Prior Day |
| 1 week |
0.38% |
0.35% |
0.03% |
| 2 week |
0.38% |
0.36% |
0.02% |
| 3 week |
0.40% |
0.37% |
0.03% |
| 1 month |
0.41% |
0.39% |
0.02% |
| 2 month |
0.42% |
0.41% |
0.01% |
| 3 month |
0.43% |
0.41% |
0.02% |
| 6 month |
0.45% |
0.43% |
0.02% |
For advance requests of $15 million or
more, please contact the Money Desk at 800.544.3452 ext.
1013 for current rate indications.
| Advance Term |
Today's Rate |
Prior Day's Rate |
Change from Prior Day |
| 1 year |
0.49% |
0.48% |
0.01% |
| 2 year |
0.67% |
0.66% |
0.01% |
| 3 year |
0.79% |
0.78% |
0.01% |
| 5 year |
1.38% |
1.34% |
0.04% |
| 7 year |
2.01% |
1.98% |
0.03% |
| 10 year |
2.77% |
2.70% |
0.07% |
For advance requests of $15 million or
more, please contact the Money Desk at 800.544.3452 ext.
1013 for current rate indications.
| Mortgage Matched Advance |
| |
Advance Term |
Today's Rate |
Prior Day's Rate |
Change from Prior Day |
| |
15 year |
2.94% |
2.88% |
0.06% |
| Other amortized advance structures - Contact the Money Desk |
Other amortizing advance structures are available. Prepayment options are only available on Amortizing Advances of less than $15 million. Please contact the Money Desk at 800.544.3452 ext.
1013 to obtain current rate indications.
| Term |
Lockout Period |
Today's Rate |
| 5 year |
2 year |
1.90% |
| 10 year |
1 year |
3.82% |
| 10 year |
3 year |
3.45% |
| 10 year |
5 year |
3.26% |
Member Option - Fixed Rate advance rate indications are based upon advance requests of less than
$15 million with the option to prepay the advance at the lockout date and quarterly thereafter.
Minimum advance size is $500,000 in increments of $100,000. Please contact the Money Desk at 800.544.3452 ext. 1013 for
additional terms, pricing and structure availability. Advances will settle as a pool accumulates allowing the Bank to offer the
lowest pricing available. Minimum pool size per structure is $5 million.
| Term |
<$15mm |
$15mm to < $25mm |
$25mm or more |
| 3 year/1mo Call |
0.41% |
0.35% |
0.29% |
| 3 year/3mo Call |
0.43% |
0.37% |
0.31% |
| 5 year/1mo Call |
0.41% |
0.35% |
0.29% |
| 5 year/3mo Call |
0.43% |
0.37% |
0.31% |
| 7 year/1mo Call |
0.41% |
0.35% |
0.29% |
| 7 year/3mo Call |
0.43% |
0.37% |
0.31% |
Member Option - Variable Rate Advance Reset Rates are for existing advances of this type having either
1 month or 3 month rate reset dates which are scheduled to reprice today. Although these
rates are indicative of current rates for new advance requests of this type, please contact the Money
Desk at 800.544.3452 ext. 1013 for current market rates and structure availability. The minimum
advance size is $500,000 in increment of $100,000.
| Current Prime Rate: 3.25% |
Spread |
Advance Rate |
| 12 month term |
-2.63% |
0.62% |
For advance requests of $15 million or more, please contact the Money Desk
at 800.544.3452 ext.1013 for current rate indications.
| Term |
Rate |
| 1 month |
0.261% |
| 3 month |
0.527% |
| 6 month |
0.769% |
| LIBOR Index |
1 year |
2 year |
3 year |
5 year |
| 1 mo LIBOR |
0.24% |
0.34% |
0.30% |
0.40% |
| 3 mo LIBOR |
0.08% |
0.20% |
0.19% |
0.31% |
| Capped LIBOR Advances - Contact the Money Desk |
Capped LIBOR advance rate indications are based upon advance
requests of less than $15 million and will settle once a pool accumulates of
$5 million or more per structure. This allows the bank to offer the lowest
pricing available. The minimum advance size is $500,000 and is offered in
increments of $100,000. Please call the Money Desk at 800.544.3452 ext. 1013
for additional pricing and structure availability.
| Advance Term |
Lockout Period |
Without Strike |
7% Strike |
| 5 year |
2 years |
0.80% |
1.36% |
| 10 year |
1 year |
1.09% |
2.40% |
| 10 year |
3 years |
1.30% |
2.41% |
| 10 year |
5 years |
1.75% |
2.45% |
Convertible advance rate indications
are based upon advance requests of less than $15 million
with a minimum advance size of $500,000 in increments of
$100,000. In order for the Bank to offer the lowest
pricing available, requests for convertible advances will
be aggregated and will fund once the total requests for a
particular structure reaches or exceeds $5 million. To
receive funding, members requesting a convertible advance
must have the necessary documentation submitted to the
Bank prior to 2:00 p.m. Central Time on the day the Bank
goes to market. Please contact the Money Desk at
800.544.3452 ext. 1013 for additional terms, pricing and
structure availability.
| Type |
Rate |
| Daily Time |
0.03% |
| Demand Deposit Account |
0.01% |
| Term |
Rate |
| 1 Week |
0.07% |
| 1 Month |
0.09% |
| 2 Months |
0.09% |
| 3 Months |
0.11% |
| 6 Months |
0.12% |
| 9 Months |
0.13% |
| 12 Months |
0.15% |
| Term |
Rate |
| 91 day T-Bill |
0.05% |
| 182 day T-Bill |
0.08% |
The advance and deposit rate
information provided above are INDICATIONS only.
Actual rates are based on existing market conditions at
the time of the request. For Community Investment
Advance Rates and information about other Home
Loan Bank advance products, please contact the Money Desk
at 800.544.3452 ext. 1013. For Time Deposit
information or to open a Time Deposit, please contact
Member Financial services at ext. 5415.
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© 2008, Federal Home Loan Bank
of Des Moines. All Rights Reserved. Your Access and use of
this site confirms that you agree to the Terms Of Use.
Federal Home Loan Bank of Des Moines, Skywalk Level, 801
Walnut Street, Suite 200, Des Moines IA 50309-3513;
800.544.3452.
Advancing Your Success™ is a registered trademark of
the Siegfried Group, LLC, and is under license |
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