ATLANTA, June 28 /PRNewswire/ -- The board of directors of the Federal
Home Loan Bank of Atlanta (FHLBank Atlanta) has approved an annualized
dividend rate for the second quarter of 5.60 percent, applicable to capital
stock held during the period from April 1, 2006, to June 30, 2006. FHLBank
Atlanta will credit this dividend to members' daily investment accounts at
close of business on July 3, 2006.
This dividend rate exceeds estimated average 3-month LIBOR for the
period April 1, 2006, to June 20, 2006, by approximately 42 basis points.
For additional information concerning actual dividend payments, FHLBank
Atlanta members should contact the Bank's Customer Operations and Systems
department at 1.800.536.9650, ext. 8299 or 5608.
About FHLBank Atlanta
FHLBank Atlanta is a $139 billion financial services organization that
provides low-cost financing, community development grants, and other
banking services to 1,200 financial institutions in Alabama, Florida,
Georgia, Maryland, North Carolina, South Carolina, Virginia, and the
District of Columbia. FHLBank Atlanta is one of 12 district banks in the
Federal Home Loan Bank System, which since 1990 has contributed more than
$2 billion to affordable housing development in the United States.
Some of the statements made in this press release may be
"forward-looking statements," which include statements with respect to the
Bank's beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and involve
known and unknown risks, uncertainties and other factors, many of which may
be beyond the Bank's control, and which may cause the Bank's actual
results, performance or achievements to be materially different from future
results, performance or achievements expressed or implied by the
forward-looking statements.
The forward-looking statements may not be realized due to a variety of
factors, including: future economic and market conditions; changes in
demand for advances or consolidated obligation; changes in interest rates;
legislative and regulatory changes; political, national and world events;
and adverse developments or events affecting or involving other FHLBanks or
the FHLBank System in general. Additional factors that might cause the
Bank's results to differ from these forward-looking statements are provided
in detail in our filings with the Securities and Exchange Commission,
available through the Bank's website at http://www.fhlbatl.com.
SOURCE Federal Home Loan Bank of Atlanta
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Related links:
http://www.fhlbatl.com/
http://www.prnewswire.com/comp/149931.html/
CONTACT:
Christopher McEntee of Federal Home Loan Bank
of Atlanta, +1-404-888-8158, or cmcentee@fhlbatl.com
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