FHLB Of Des Moines Boosts Fourth QuarterPayout

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DES MOINES - (12/26/05) -- The Federal Home Loan Bank of DesMoines said last week it has raised its dividend for thethree-month period ended Nov. 30 to 2.80%, to be paid in cash. Thatcompares to a third quarter payout of 1.40%, and a dividend of2.73% paid for the same period last year. The funds will be paid to1,200 member institutions, including 53 credit unions, on Dec.28.

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