Advances (Tables)

12 Months Ended

Dec. 31, 2019

The following table summarizes the Bank’s advances outstanding by redemption term (dollars in millions):



	December 31, 2019					December 31, 2018
Redemption Term	Amount			Weighted Average Interest Rate		Amount			Weighted Average Interest Rate
Overdrawn demand deposit accounts	$	1		2.73	%	$	2		3.63	%
Due in one year or less	35,432			1.97		50,561			2.61
Due after one year through two years	21,959			2.23		23,946			2.61
Due after two years through three years	8,693			2.33		17,582			2.73
Due after three years through four years	5,109			2.51		4,091			2.73
Due after four years through five years	5,978			2.17		6,814			2.76
Thereafter	3,013			2.72		3,417			2.96
Total par value	80,185			2.16	%	106,413			2.66	%
Premiums	25					38
Discounts	(6		)			(8		)
Fair value hedging adjustments	156					(120		)
Total	$	80,360				$	106,323

The following table summarizes advances by year of redemption term or next call date for callable advances, and by year of redemption term or next put date for putable advances (dollars in millions):



	Redemption Term or Next Call Date				Redemption Term or Next Put Date
	2019		2018		2019		2018
Overdrawn demand deposit accounts	$	1	$	2	$	1	$	2
Due in one year or less	53,156		77,931		36,278		50,617
Due after one year through two years	11,967		11,087		22,101		24,060
Due after two years through three years	5,427		10,423		8,730		17,628
Due after three years through four years	3,802		2,357		5,004		4,078
Due after four years through five years	3,461		2,444		5,069		6,722
Thereafter	2,371		2,169		3,002		3,306
Total par value	$	80,185	$	106,413	$	80,185	$	106,413