ATLANTA, Dec. 21 /PRNewswire-FirstCall/ -- The board of directors of
Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has approved an annualized
dividend rate of 4.60 percent, applicable to capital stock held during the
period from Oct. 1, 2005 through Dec. 31, 2005. This dividend will be
credited to members' daily investment accounts on Jan. 3, 2006.
This dividend rate exceeds estimated average 3-month LIBOR for the three-
month period ending Dec. 31, 2005 by approximately 29 basis points. The
dividend rate was determined by FHLBank Atlanta in consultation with, and upon
approval from, the Federal Housing Finance Board's Office of Supervision, as
required by Advisory Bulletin 2005-AB-07. The Advisory Bulletin applies to
Federal Home Loan Banks that have not yet completed their registration with
the Securities and Exchange Commission.
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 $135 billion financial services organization that
provides low-cost financing, community development grants, and other banking
services to nearly 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; the Bank's registration with the SEC;
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 contained in the Bank's annual and quarterly
reports, available on 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
Company News On-Call:
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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