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SAFEKEEPING TRANSFER/REREGISTRATION

Physical
All physical securities requiring split or re-registration, except registered Certificates of Deposit, will be forwarded to the transfer agent within 48 hours of receipt of re-registration instructions.

Book Entry
All securities which are book-entry eligible will be maintained in book-entry form unless the Federal Home Loan Bank of Boston grants an exception, in which case the security may be re-registered in the member's name. If the Bank receives a request to re-register a security in any other name, it will be re-registered, withdrawn from the account and returned to the member.

Note: Member will be notified if additional documentation is required or if problems arise.

Securities placed into transfer should not be sold within five days of actual settlement if the agent is located in New York, or 15 days if the agent is not.

Any out-of-pocket expenses for transfer/re-registration that may be incurred by the Federal Home Loan Bank of Boston will be passed on to the member.

For more information, contact the Safekeeping Department at safekeeping@fhlbboston.com or 1-800-358-9709.