[ENHANCE] Rate Type

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https://www.streetinsider.com/SEC+Filings/Form+8-K+Federal+Home+Loan+Bank+For%3A+Jan+17/22662171.html

(3) Rate Type Description:

• Conversion bonds have coupons that convert from fixed to variable or from variable to fixed on a predetermined date, according to the terms of the bond; in some cases, the variable coupon may be subject to an interest rate cap.

• Fixed bonds pay interest at constant or stepped fixed rates over the life of the bond, according to the terms of the bond.

• Variable bonds pay interest at rates that reset periodically over the life of the bond based upon an index such as the Secured Overnight Financing Rate, according to the terms of the bond.

(4) Rate Sub-Type Description:

1. Constant bonds pay interest at constant fixed rates over the life of the bond, according to the terms of the bond.
2. Step-Down bonds pay interest at decreasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
3. Step-Up bonds pay interest at increasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
4. Step-Up/Step-Down bonds pay interest at increasing fixed rates and then at decreasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.
5. Capped Floater bonds pay interest at variable rates subject to an interest rate ceiling, according to the terms of the bond.
6. Single Index Floater bonds pay interest at a rate that increases as an index rises and decreases as an index declines, according to the terms of the bond.