FHLB San Francisco Lifts Fourth QuarterPayout

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SAN FRANCISCO - (01/03/06) – The Federal Home Loan Bank ofSan Francisco announced Friday it plans to boost its fourth quarterdividend to 4.57%, up from 3.97% for the fourth quarter in 2004.The figure is a projection for the fourth quarter because the bankhas yet to close the books on 2004. The dividend will be paid tothe regional bank’s 340 financial institution members inArizona, California and Nevada, , including 50 creditunions.

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