ATLANTA, Aug. 27 /PRNewswire/ -- Based upon currently available
information, the Federal Home Loan Bank of Atlanta (FHLBank Atlanta)
presently expects to pay an annualized dividend in the range of 4.50
percent to 5.0 percent for the quarter ending September 30, 2008.
About FHLBank Atlanta
The Bank is a cooperative financial services organization that provides
funding, community development grants, and a host of other banking services
to more than 1,200 member financial institutions in Alabama, Florida,
Georgia, Maryland, North Carolina, South Carolina, Virginia, and the
District of Columbia. The Bank is one of 12 district banks in the Federal
Home Loan Bank System (FHLBank 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 announcement, including those that
relate to the Bank's dividend guidance for the third quarter of 2008, are
"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 the
future results, performance or achievement expressed or implied by the
forward- looking statements.
The forward-looking statements may not be realized due to a variety of
factors, including, without limitation: legislative and regulatory actions
or changes; the Bank's actual net income results, which drive the
determination of actual dividend payments; legislative and regulatory
actions or changes; future economic and market conditions; changes in
demand for advances or consolidated obligations of the Bank and/or the
FHLBank System; changes in interest rates; political, national and world
events; and adverse developments or events affecting or involving other
Federal Home Loan Banks or the FHLB 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, which are available at http://www.sec.gov.
You should not place undue reliance on forward-looking statements,
since the statements speak only as of the date that they are made. The Bank
has no obligation and does not undertake to publicly update, revise or
correct any of the forward-looking statements after the date of this
announcement, or after the respective dates on which such statements
otherwise are made, whether as a result of new information, future events
or otherwise, except as may be required by law.
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:
Sharon Cook, Federal Home Loan Bank of
Atlanta, +1-404-888-8173, scook@fhlbatl.com
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