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MF Global Receives Underwriter and Reallowance Dealer Status from Federal Home Loan Bank

MF Global Ltd. (NYSE: MF), a leading intermediary offering customized solutions in global cash, derivatives and related markets, has been approved by the Federal Home Loan Bank (FHLBank) System as an Underwriter and a Reallowance Dealer.

This approval now allows MF Global Inc. to directly participate in the underwriting of the FHLBank System’s debt programs, including full access to FHLBank’s discount window, and assist with the financing of the agency’s member banks. Additionally, this new status will enhance MF Global’s ability to fulfill fixed income customers’ reverse inquiries for new issuance of FHLBank debt, while also providing other individualized solutions for clients.

“This underwriting capability compliments our already robust fixed income product offering and broad market access, and is another step in our strategy to further expand our fixed income business,” said Peter McCarthy, global head of Fixed Income at MF Global. “This new status enables us to even better serve our clients and further enhances our ability to provide customized solutions tailored to their specific needs. We look forward to working with the FHLBank to better serve their member banks as well as MF Global clients.”

MF Global’s Fixed Income group provides cost-effective execution and clearing as well as financing and other administrative services to institutional clients trading fixed-income securities, including U.S. Government Treasury and Agency securities, investment-grade and high-yield corporate bonds, emerging market bonds, asset- and mortgage-backed securities and related repurchase agreement transactions. For additional information, please visit www.mfglobal.com/InstitutionsCorporations/FixedIncome.

ABOUT MF GLOBAL

MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized solutions in global cash, derivatives and related markets. It provides execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market. MF Global is uniquely diversified across products, trading markets, customers and regions. Its worldwide client base includes financial institutions, industrial groups, hedge funds and other asset managers as well as professional traders and private/retail clients. MF Global operates in 14 countries on more than 70 exchanges, providing access to some of the largest financial markets in the world and is the leader by volume on many of these markets. For more information, please visit www.mfglobal.com.

Forward-Looking Statement

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: Forward-looking statements in this press release, including statements relating to the Company’s plans, strategies, objectives, expectations and intentions, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy, and some of which might not be anticipated. We caution you not to place undue reliance on these forward-looking statements. We refer you to the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q on file with the Securities and Exchange Commission (SEC) for a description of the risks and uncertainties the Company faces.

Contacts:

MF Global Ltd.
Media
Tiffany Galvin, 212-589-6280
tgalvin@mfglobal.com
or
Investors
Lisa Kampf, 212-589-6592
lkampf@mfglobal.com

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