Putable Rate Information
Notice: The Putable Advance is temporarily suspended as a result of LIBOR cessation. The FHLBNY is no longer offering any structured products that are created using LIBOR-based hedges that mature beyond 2021. However, hedges using alternative indices are now being evaluated to create these products for our members. If you have interest in structured products, please contact your Relationship Manager at 212-441-6700.
Members can receive the daily rate indications via email. Members can also contact our Credit Services Representatives at (212) 441-6600 for a live quote.
|Size:||Minimum of $1mm|
|Settlement:||Trade date through the end of the subsequent calendar month|
|Fixed Rate Payer:||Member|
|Business Day Convention:||Following business day|
|Option Notification:||4 NY business days|