Products and Solutions Guide - Federal Home Loan Bank of Boston

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Overnight Funding – IDEAL Cash Manager AdvanceIDEAL Cash Manager AdvanceOvernight funding using your IDEAL WayLine of Credit.Common Uses• Manage daily liquidity needs.TermsOne day.DisbursementFunds are available the same day and can be accessed bywiring funds from your IDEAL Way demand account, causingan overdraft.Principal and Interest• Principal is due at maturity. Payment of interest is duemonthly on the second business day of the month.• Interest is calculated on an actual/360-day basis.Additional Information• Capital stock deficiencies caused by IDEAL CashManager advances will be automatically satisfied througha capital stock purchase prior to the payoff of the advance.• For further details, including comments on risks, pleasesee IDEAL Cash Manager Advance.The IDEAL Way Line of Credit• The IDEAL Way Line of Credit allows members to accessliquidity quickly and conveniently, without calling theMoney Desk.• It is a fixed amount, typically two percent of assets, andcan easily be set up and/or changed by the member bymaking a request through the Money Desk.• Members are required to maintain collateral equal to theentire amount of the IDEAL Way Line of Credit, whetherused or not.• For more information about the IDEAL Way Line of Credit,please contact the Money Desk at 1-800-357-3452 ormoneydesk@fhlbboston.com.credit productsMain Telephone: 617-292-9600 • Customer Service: 1-800-358-9709 • Money Desk: 1-800-357-3452 • Relationship Managers, MPF, and Housing & Community Investment: 1-888-424-3863 5
Fixed-Rate Advances – Amortizing AdvanceAmortizing AdvanceA fixed-term and rate advance with anamortizing principal.Common Uses• Fund short- or long-term assets whoseprincipal balance declines on a monthlybasis due to amortization and/orprepayment.TermsMaturities available for terms out to 20 years with principalamortizationperiods out to 30 years.DisbursementFunds will be available the same day if you call by noonand the following day if requested by 3:00 p.m.Principal and Interest• Principal and interest are due on the first business dayof the month.• Interest is calculated on an actual/360-day basis.PrepaymentAdvances may be prepaid, subject to a fee. Please see theAmortizing Advance Confirmation for more information onprepayment fees.Additional InformationFor further details, including comments on risks, please seeAmortizing Advance.credit productsMain Telephone: 617-292-9600 • Customer Service: 1-800-358-9709 • Money Desk: 1-800-357-3452 • Relationship Managers, MPF, and Housing & Community Investment: 1-888-424-3863 6
Page 4 and 5: IntroductionBuilding Communities -B
Page 6 and 7: Overnight Funding - Daily Cash Mana
Page 10 and 11: Fixed-Rate Advances - Classic Advan
Page 12 and 13: Fixed Rate Advances - Community Dev
Page 14 and 15: Fixed-Rate Advances - Forward Start
Page 16 and 17: Fixed-Rate Advances - HLB-Option Pl
Page 18 and 19: Fixed-Rate Advances - Member-Option
Page 20 and 21: Fixed-Rate Advances - The New Engla
Page 22 and 23: Long-Term Variable-Rate Indexed Adv
Page 32 and 33: Advance RestructuringAdvance Restru
Page 34 and 35: Letters of CreditLetters of CreditS
Page 36 and 37: Asset-Purchase ProgramsAsset-Purcha
Page 38 and 39: Underwriting RequirementsUnderwriti
Page 40 and 41: Underwriting Requirements cont’d.
Page 42 and 43: Collateral Requirements cont’d.1
Page 44 and 45: Collateral Requirements cont’d.Us
Page 46 and 47: Collateral Requirements cont’d.Co
Page 48 and 49: Appendix A - Eligible Collateral an
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Appendix B - Anti-Predatory Lending
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Appendix B - Anti-Predatory Lending
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Appendix C - Subprime and Nontradit
Page 64 and 65:
Appendix D - Advances Confirmations
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Bank ContactsBank ContactsCustomer
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Products and Solutions Guide - Federal Home Loan Bank of Boston

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