How can a member obtain pricing information on advances?
Daily price indications for many of the Bank’s standard credit products and the Securities-Backed Credit Program are provided via e-mail and on the password-protected section of the Bank’s member website. The e-mail is sent to all members at approximately 7 a.m. each business day. Prices are subject to change during the day depending on market conditions, the Bank’s cost of funds, and other factors. Members can get a current quote on a specific advance transaction by calling the Bank’s Mortgage Finance Desk at (800) 444-3452 or by using eTransact between 7 a.m. and 2 p.m. California time on any business day. Same-day pricing and/or funding for advances with maturities up to 10 years are available according to your institution’s financing availability, subject to market conditions. For advances with maturities greater than 10 years, same-day pricing and/or funding are subject to market execution. For more information, please see the sample price indications found in the Price Indication