HLB-Option Indications Please call the Money Desk, at 1-800-357-3452, for indications on specific structures. ($10 million minimum - Orders for HLB-Option advances of less than $10 Million will be aggregated with other requests for advances with identical terms and will be executed when orders total $10 million.) Indications as of 10:45 AM September 24, 2008
Note: Indications Only Legal Disclaimer
Maturity		1st Call		Rate
2	yr	3	mo	2.93
2	yr	6	mo	3.09
2	yr	1	yr	3.26
3	yr	3	mo	2.95
3	yr	6	mo	3.00
3	yr	1	yr	3.20
3	yr	2	yr	3.66
4	yr	3	mo	3.18
4	yr	6	mo	3.28
4	yr	1	yr	3.31
5	yr	3	mo	2.87
5	yr	6	mo	3.03
5	yr	1	yr	3.22
5	yr	2	yr	3.60
5	yr	3	yr	3.98
7	yr	3	mo	3.20
7	yr	6	mo	3.25
7	yr	1	yr	3.43
7	yr	2	yr	3.76
7	yr	3	yr	4.13
10	yr	3	mo	3.22
10	yr	6	mo	3.19
10	yr	1	yr	3.36
10	yr	2	yr	3.69
10	yr	3	yr	4.03