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Advances

Our broad menu of short-term and long-term funding options provide members with reliable, cost-effective liquidity to manage capital and interest rate risk for their institutions.

Advance Rates Have Moved to eAdvantage

As of July 1, 2025, advance rate indications are now exclusively available for members on eAdvantage. Find more information on accessing rate indications within eAdvantage and setting up users through our news announcement linked below.

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advance rates are now on eAdvantage

Market Rates

Download Product Rate Sheet - Excel, PDF, Print

Indications as of 12/12/2025 at 3:41 PM

DescriptionRate
SOFR3.900%
30 Day T-Bill3.678%
91 Day T-Bill3.644%
182 Day T-Bill3.615%
1 Year Treasury3.534%
2 Year Treasury3.525%
3 Year Treasury3.573%
5 Year Treasury3.720%
7 Year Treasury3.919%
10 Year Treasury4.148%
15 Year Treasury4.569%
20 Year Treasury4.761%
30 Year Treasury4.795%

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Featured

eAdvantage LogineAdvantage is FHLB Des Moines secure, online member site where you can conveniently view statements and reports, monitor account balances, advances, capital stock, collateral and more. Community Investment AdvancesFor members of FHLB Des Moines, meeting the credit needs of their local community is being a good neighbor and is also good business. CollateralWe offer an extensive collateral menu including a variety of real estate loans, mortgage and business loans, government-guaranteed loans, securities and time certificates of deposit. StrategiesThe FHLB Des Moines Relationship Managers and Strategies Teams are your complimentary consulting resource available to provide tools and analysis for your unique markets and opportunities.

Educational Resources

Advance Restructuring For Your Institution Article Advance Restructuring For Your Institution If your institution has outstanding Federal Home Loan Bank of Des Moines Advances and would like to extend your duration, FHLB Des Moines offers restructuring Advances using the Blend & Extend strategy. Marginal Cost of Funds Whitepaper Marginal Cost of Funds Whether creating a new account type for a niche market or simply responding in lockstep with your competitors' rate movements, it's important to understand your marginal cost of funds to avoid overpaying for deposits. Operational Liquidity Testing Checklist and Best Practices Article Operational Liquidity Testing Checklist and Best Practices Testing ensures your operational procedures are effective and demonstrates your access to liquidity. Can your institution demonstrate the appropriate personnel understand the process of requesting funds from FHLB Des Moines? Time Deposits: Enough Already? Article Time Deposits: Enough Already? Senior Relationship Manager John Biestman examines recent deposit trends and shares several strategies to consider when funding your balance sheet with duration certainly, topped off with a double discount.

See all educational resources regarding this topic.