|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Pay Interest at Maturity for Short-Term Advances
Federal Home Loan Bank of Seattle customers can now choose to pay interest on short-term advances at maturity rather than on a monthly basis. Some of the benefits of this option include:
- Simplified account management: Since you will be charged interest once during the life of the advance rather than every month, you have one less "TO DO" at monthend.
- Cash flow management: Delaying the interest until maturity may permit better cash flow matching for seasonal borrowers.
- Money market convention: Many money market instruments quote rates on an interest-at-maturity basis, simplifying rate comparisons.
This feature is available for all advances with maturities of one year or less. The advance rate will be adjusted to compensate for the time value of the delayed interest payment. To learn more about this feature or to receive a quote, contact the Credit Desk or your marketing officer.
Library Services Section Now On-Line
The first phase of the Library Services section of our Web site is now complete and on-line. The Library section includes current and back issues of The Link, the newsletter that profiles our Library's new book titles and periodicals, and a directory of links to important industry-related Web sites. In the first half of 1999, we will add a connection to the Library's catalog. Please visit our Library section and stay tuned for exciting new enhancements to this section of our site.4th Quarter Dividend Announced
Click here for details
This site is best viewed in Netscape 3.0 or higher and Internet Explorer 3.0 or higher.