11/17/17 8:19 AM

Rate Indications
To take down an advance, contact the Member Transaction Desk:
855-345-2244, Option 1

Today's Headlines Market Rates

Reduced Capitalization Advance Program (RCAP) advances are available until the amount is exhausted. Fixed-Rate Advances
Term Treasury Swaps
Short-term advances, including overnight advances are now included. Refer to RCAP terms and conditions
posted in the Member Products Guide. 2 years 1.71% 1.89% 1.94%
Due to the Thanksgiving Day holiday, advances will be closed on Thursday, November 23, 2017. On Friday, 5 years 2.05% 2.12% 2.26%
November 24, 2017, term advances will close at 1:00 p.m. and Open Line at 3:00 p.m 2.50%
7 years 2.23% 2.22%
Early bird discount available on A120 ( 27 days) advances before 10:00 a.m. 10 years 2.35% 2.35% 2.81%

Fixed Rate Advances Structured Advances

Community Regular All-in After
Term Capped Floating Rate Advances
Advances Advances Dividend* Forward- Starting
1 week 1.23% 1.08% Term Index Index Cap Spread to 3ML Rate Cap
2 weeks 1.24% 1.09% Advances settle 3 years 3ML 2.00% 0.32% 2.32%
3 weeks 1.26% 1.11% one year forward 5 years 3ML 2.00% 0.62% 2.62%
from today and
1 month 1.22% 1.31% 1.16% then have stated 7 years 3ML 2.00% 0.92% 2.92%
3 months 1.38% 1.44% 1.30% term to maturity Callable Advances
All-in After
6 months 1.48% 1.55% 1.40% Term Lockout Bermudan Option Cost
Dividend*
9 months 1.57% 1.64% 1.50% 3 years 1 year 2.18% 2.03% 0.15%
1 year 1.74% 1.81% 1.66% 2.07% 5 years 1 year 2.56% 2.41% 0.29%
1.5 years 1.80% 1.88% 1.73% 2.12% 7 years 2 year 2.96% 2.81% 0.46%
2 years 1.85% 1.94% 1.79% 2.21% 10 years 2 year 3.27% 3.12% 0.46%
2.5 years 1.90% 1.98% 1.84% 2.27% 10 years 3 year 3.21% 3.06% 0.40%
3 years 1.94% 2.03% 1.88% 2.28% 10 years 5 year 3.17% 3.02% 0.36%
3.5 years 2.00% 2.09% 1.94% 2.33% 15 years 5 year 3.41% 3.26% 0.23%
4 years 2.07% 2.15% 2.01% 2.39% Callable Amortizing Advances
4.5 years 2.12% 2.20% 2.06% 2.44% Lockout / Amortization Term
5 years 2.17% 2.26% 2.11% 2.50% Term Lockout 15 years Lockout 15 years
6 years 2.29% 2.38% 2.23% 2.62% 5 years 2 year 2.42% 5 year 2.26%
7 years 2.41% 2.50% 2.35% 2.75% 10 years 2 year 3.20% 5 year 3.00%
10 years 2.72% 2.81% 2.66% 3.01% 15 years 2 year 3.55% 5 year 3.36%
15 years 3.18% 3.03% Term Lockout 30 years Lockout 30 years
Call for
20 years availability
3.41% 3.26% 10 years 2 year 3.36% 5 year 3.16%
30 years 3.66% 3.51% 15 years 2 year 3.61% 5 year 3.45%
A 2bp surcharge will be applied to symmetrical prepay advances. *Reflects Class B1 stock dividend as a reduction to the 20 years 2 year 3.96% 5 year 3.80%
regular advance rate, based on 3.30% dividend rate paid in Q3 2017 and 4.5% advance capitalization for illustration
purposes only. Fixed Rate Putable Advances (Call Option Owned by FHLBC)
All-in After
Amortizing Advances Term Lockout European Option Value
Dividend*
Amortization Term 5 years 2 years 1.72% 1.58% -0.21%
Term 5 years 7 years 10 years 15 years 7 years 3 years 1.82% 1.67% -0.21%
5 years 2.10% 2.19% 2.23% 2.26% 10 years 5 years 2.04% 1.89% -0.22%
7 years na 2.26% 2.40% 2.46% Fixed Rate Floating Spread Advances
10 years na na 2.51% 2.69% Term Fixed Rate Floating Spread Initial Rate Initial Difference
Term 15 years 20 years 25 years 30 years 5 years 2.33% 0.00% 2.33% 0.07%
15 years 2.85% 3.02% 3.09% 3.13% 7 years 2.54% 0.00% 2.54% 0.04%
20 years na 3.11% 3.25% 3.31% 10 years 2.67% 0.00% 2.67% -0.14%
30 years na na na 3.45%
Call for other structures (terms, amortization schedules, strikes, lockouts, options, indexes or payment frequencies). Callable amortizer (Quarterly Berm) rates are updated on Tuesdays, live rates can differ greatly from above. Caps apply to 3 month LIBOR. For
advances with callable options, member can prepay at par on specified date(s) with required prior notice. Option cost for callable advances is calculated as the difference to the equivalent term Fixed-Rate Fixed Term Advance. Option value for Fixed-Rate Putable
advances is the difference from Fixed-Rate Fixed Term Advance rate of maturity equal to the lockout term. Member is seling call option to FHLBC. Minimum $5mm for advances with embedded options. For fixed-rate floating-spread advances, the 3 month reset case is
shown here, where the floating-spread resets every 3 months at the difference between the 3 month FHLBC Advance Rate Index and the 3 month LIBOR setting. Initial rate valid for first setting. Initial difference compares rate to equivalent term fixed-rate fixed-term
advance.

Floating Rate Advances

LIBOR Indexed Advances Overnight Advances
Non-Prepayable Prepayable (on reset dates) Term Minimum Today Prior Day
Term Spread to 1ML Spread to 3ML Spread to 1ML Spread to 3ML 1 Day No minimum 1.23% 1.23%
6 months 0.06% 0.01% 0.10% 0.03% Open Line (Daily Rate Set)# No minimum 1.31% 1.31%
1 year 0.17% 0.09% 0.25% 0.15% #Rate set at and available until 3:00 pm; Late Day Advances available until 4:30 pm by calling 855-345-2244, Option 1.
18 months 0.16% 0.08% 0.28% 0.18% Discount Note Indexed Advances^
2 years 0.16% 0.08% 0.31% 0.22% Index / Rate Indic. 3m 3m - 1y > 1y Max Term
3 years 0.17% 0.07% 0.32% 0.22% Overnight 1.29% na na 3 months
4 years 0.23% 0.13% 0.38% 0.28% 4 week 1.32% 1.34% 1.49% 5 years
5 years 0.28% 0.18% 0.43% 0.33% 13 Week na 1.50% 1.65% 5 years**
6 years 0.34% 0.25% 0.49% 0.40% 26 Week na 1.62% 1.77% 5 years
7 years 0.41% 0.32% 0.56% 0.47% ^Prepayable at par 1 day notice before reset **For advance term greater than 5 years up to 10 years, please call.
10 years 0.60% 0.51% 0.75% 0.66% Other Floating Rate Advances
Term Index Spread Prior Index
FHLBC Deposit Rates^ DID (yesterday) 1.01012% 1 month Market Fed Funds Effective 0.15% 1.16%
^Call for term deposit rates. 1 month FHLBC Fed Funds Effective** 0.15% 1.16%
**Pre-payable at par with 2 business day notice.

These rates are indications only, are subject to change, and must be verified at the time of your actual transaction. Call the Member Transaction Desk for live indications. Advances are available until 3:00
p.m. on eBanking and by calling the Member Transaction Desk. After 3:00 p.m. A120 advances may be available by calling the Member Transaction Desk. Advance and deposit rates are calculated on an
actual/360 basis, with the exception of amortizing advances which are calculated on a 30/360 basis. This information is provided solely as a convenience and the Federal Home Loan Bank of Chicago
assumes no liability for any error resulting from its use. If you wish to stop receiving this information, please call the Member Transaction Desk at 855-345-2244, Option 1, or email your request to
mtd@fhlbc.com.