Advances

Unique Funding Opportunity

In response to the coronavirus (COVID-19) pandemic, Federal Home Loan Bank of Des Moines has a special advance offering available for our members.

The deadline to take advantage of this special advance offering has been extended to October 15, 2020.

Term	Regular Rate	Discounted Rate
3 months	0.36%	0.26%
6 month	0.38%	0.28%

Updated 9/22/2020

VIEW DETAILS

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.

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Fixed-Rate Advances

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Indications as of 9/22/2020 at 8:45 AM

Term	Advance Rate
Term	Regular	Dividend Adjusted Rate^*	Symmetrical	CIA
Prev Overnight	0.34%	0.12%
Overnight	0.33%	0.11%
1 Week	0.36%	0.14%
2 Weeks	0.36%	0.14%
3 Weeks	0.36%	0.14%
1 Month	0.36%	0.14%
2 Months	0.36%	0.14%
3 Months	0.36%	0.14%
4 Months	0.36%	0.14%
5 Months	0.37%	0.15%
6 Months	0.38%	0.16%
7 Months	0.39%	0.17%
8 Months	0.39%	0.17%
9 Months	0.40%	0.18%
10 Months	0.41%	0.19%
11 Months	0.41%	0.19%
1 Year	0.42%	0.20%	0.47%	0.26%
1.5 Years	0.45%	0.23%	0.50%	0.28%
2 Years	0.47%	0.25%	0.52%	0.29%
3 Years	0.54%	0.32%	0.59%	0.36%
4 Years	0.61%	0.39%	0.66%	0.43%
5 Years	0.73%	0.51%	0.78%	0.54%
6 Years	0.86%	0.64%	0.91%	0.67%
7 Years	0.97%	0.75%	1.02%	0.78%
8 Years	1.13%	0.91%	1.18%	0.94%
9 Years	1.25%	1.03%	1.30%	1.06%
10 Years	1.31%	1.09%	1.36%	1.12%
11 Years	1.42%	1.20%		1.23%
12 Years	1.52%	1.30%		1.33%
13 Years	1.61%	1.39%		1.42%
14 Years	1.69%	1.47%		1.50%
15 Years	1.77%	1.55%		1.58%
16 Years	1.84%	1.62%		1.65%
17 Years	1.91%	1.69%		1.72%
18 Years	1.98%	1.76%		1.79%
19 Years	2.04%	1.82%		1.85%
20 Years	2.10%	1.88%		1.91%
25 Years	2.30%	2.08%		2.11%
30 Years	2.47%	2.25%		2.29%

Amortizing Advances

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Indications as of 9/22/2020 at 8:45 AM

Term	Amort.	Amort. Delay	Amort. Freq.	Pre-Pay Option¹	Advance Rate
Term	Amort.	Amort. Delay	Amort. Freq.	Pre-Pay Option¹	Reg.	Div. Adjust^*	Sym.	CIA
5 Years	10 Years		Annual	3 Years	0.75%	0.53%		0.56%
5 Years	15 Years		Monthly	None	0.67%	0.45%		0.48%
5 Years	20 Years		Monthly	None	0.68%	0.46%		0.49%
5 Years	25 Years		Monthly	None	0.69%	0.47%		0.50%
7 Years	6.5 Years	6 Months	Monthly	None	0.67%	0.45%		0.48%
7 Years	20 Years		Monthly	None	0.86%	0.64%		0.67%
7 Years	30 Years		Monthly	None	0.90%	0.68%		0.71%
10 Years	9 Years	12 Months	Monthly	None	0.89%	0.67%		0.70%
10 Years	10 Years		Monthly	None	0.80%	0.58%		0.61%
10 Years	10 Years		Monthly	5 Years	0.88%	0.66%		0.69%
10 Years	15 Years		Monthly	None	0.98%	0.76%		0.79%
10 Years	15 Years		Monthly	5 Years	1.12%	0.90%		0.93%
10 Years	20 Years		Monthly	None	1.07%	0.85%		0.88%
10 Years	20 Years		Monthly	5 Years	1.24%	1.02%		1.05%
13 Years	15 Years		Annual	None	1.09%	0.87%		0.90%
15 Years	10 Years	60 Months	Monthly	7 Years	1.66%	1.44%		1.47%
15 Years	12 Years	36 Months	Monthly	5 Years	1.58%	1.36%		1.39%
15 Years	15 Years		Monthly	None	1.07%	0.85%		0.88%
15 Years	15 Years		Monthly	5 Years	1.26%	1.04%		1.07%
15 Years	15 Years		Annual	5 Years	1.30%	1.08%		1.11%
15 Years	25 Years		Monthly	5 Years	1.66%	1.44%		1.47%
15 Years	30 Years		Monthly	7 Years	1.66%	1.44%		1.47%
20 Years	19 Years	12 Months	Monthly	5 Years	1.74%	1.52%		1.55%

Straight Line Amortizing Advances

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Indications as of 9/22/2020 at 8:45 AM

Advance Term/Amortization	Payment Type	Payment Frequency	Advance Rates
Advance Term/Amortization	Payment Type	Payment Frequency	Regular	Dividend Adjusted Rate^*	CIA
2 Years	Level Principal	Monthly	0.44%	0.22%	0.26%
3 Years	Level Principal	Monthly	0.46%	0.24%	0.28%
4 Years	Level Principal	Monthly	0.49%	0.27%	0.31%
5 Years	Level Principal	Monthly	0.54%	0.32%	0.35%
7 Years	Level Principal	Monthly	0.63%	0.41%	0.44%
10 Years	Level Principal	Monthly	0.80%	0.58%	0.61%
15 Years	Level Principal	Monthly	1.05%	0.83%	0.86%
20 Years	Level Principal	Monthly	1.27%	1.05%	1.08%
30 Years	Level Principal	Monthly	1.61%	1.39%	1.43%