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<TITLE>EFFECTIVE AUGUST 23RD, 2004</TITLE>
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<B><FONT SIZE=5><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">Washington, D.C. 20549</B></FONT></TD>
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<B><FONT SIZE=5><P ALIGN="CENTER">FORM 8-K</B></FONT></TD>
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<B><P ALIGN="CENTER">CURRENT REPORT</B></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">Pursuant to Section 13 or 15(d) of</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">The Securities Exchange Act of 1934</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">Date of Report (Date of earliest event reported)</B>   November 28, 2007</FONT></TD>
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<B><FONT SIZE=5><P ALIGN="CENTER">FEDERAL HOME LOAN BANK OF ATLANTA</B></FONT></TD>
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<FONT SIZE=2><P ALIGN="CENTER">(Exact name of registrant as specified in its charter)</FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">Federally chartered corporation</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">000-51845</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">56-6000442</B></FONT></TD>
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<FONT SIZE=1><P ALIGN="CENTER">(State or Other Jurisdiction<BR>
of Incorporation)</DIR>
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<FONT SIZE=1><P ALIGN="CENTER">(Commission File Number)</FONT></TD>
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<FONT SIZE=1><P ALIGN="CENTER">(IRS Employer<BR>
Identification Number)</FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">1475 Peachtree Street, NE</B></FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">Atlanta, GA 30309</B></FONT></TD>
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<FONT SIZE=1><P ALIGN="CENTER">(Address of principal executive offices)</FONT></TD>
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<B><FONT SIZE=2><P ALIGN="CENTER">(404) 888-8000</B></FONT></TD>
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<FONT SIZE=1><P ALIGN="CENTER">(Registrant's telephone number, including area code)</FONT></TD>
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<FONT SIZE=1><P ALIGN="CENTER"> </P></FONT>
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<B><FONT SIZE=2><P ALIGN="CENTER">Not Applicable</B></FONT></TD>
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<FONT SIZE=2><P ALIGN="CENTER">(Former name or former address, if changed since last report.)</FONT></TD>
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<P ALIGN="CENTER">&nbsp;</FONT></TD>
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<FONT SIZE=2><P>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):</P></FONT>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>[] </FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=2><P>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>[] </FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=2><P>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>[]</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=2><P>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=3><P>[] </FONT></TD>
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<FONT SIZE=3><P>&nbsp;</FONT></TD>
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<FONT SIZE=2><P>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD>
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</FONT><FONT FACE="Garamond"><P>Item 7.01.  Regulation FD Disclosure.</P>
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<FONT FACE="Garamond"><P>On November 28, 2007, the President of the Federal Home Loan Bank of Atlanta (the "Bank") sent a letter to members of the Bank reiterating the Bank's credit and collateral policies in light of the recent disruptions in the mortgage finance and credit markets.  A copy of the letter is attached hereto as Exhibit 99.1.</P>
<P>The information contained in the attachment is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing</P>
<B><P>Item 9.01. &#9;Financial Statements and Exhibits.</P>
</B>
<P>(d) Exhibits<I>.</I> </P>
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<P>99.1</TD>
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<P>Letter to members, dated November 28, 2007, from Richard A. Dorfman, President of the Bank. </TD>
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</U></FONT><B><FONT FACE="Garamond" SIZE=4><P ALIGN="CENTER">SIGNATURES</P>
</B></FONT><FONT FACE="Garamond"><P>Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>
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<B><FONT FACE="Garamond"><P>Federal Home Loan Bank of Atlanta</B></FONT></TD>
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<FONT FACE="Garamond"><P>Date:  November 28, 2007</FONT></TD>
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<FONT FACE="Garamond"><P>By: <U>/s/ Jill Spencer</U>_______________                       <U> </U></FONT></TD>
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<FONT FACE="Garamond"><P>Jill Spencer</FONT></TD>
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<TD WIDTH="3%" VALIGN="BOTTOM">&nbsp;</TD>
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<FONT FACE="Garamond"><P>Executive Vice President</FONT></TD>
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<TD WIDTH="3%" VALIGN="BOTTOM">&nbsp;</TD>
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<FONT FACE="Garamond"><P>and Chief  Operating Officer</FONT></TD>
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<B><FONT FACE="Garamond"><P ALIGN="CENTER">EXHIBIT INDEX</P>
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<B><U><FONT FACE="Garamond"><P>Exhibit No.</B></U></FONT>&#9;&#9;&#9;<B><U><FONT FACE="Garamond">Description</P>
</B></U></FONT><DIR>
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<DIR>
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<FONT FACE="Garamond"><P>99.1&#9;Letter to members, </FONT>dated November 28, 2007, from Richard A. Dorfman, President of the Bank.</P>
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EFFECTIVE AUGUST 23RD, 2004
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
November 28, 2007
FEDERAL HOME LOAN BANK OF ATLANTA
(Exact name of registrant as specified in its charter)
Federally chartered corporation
000-51845
56-6000442
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification Number)
1475 Peachtree Street, NE
Atlanta, GA 30309
(Address of principal executive offices)
(404) 888-8000
(Registrant's telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
[]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01.  Regulation FD Disclosure.
On November 28, 2007, the President of the Federal Home Loan Bank of Atlanta (the "Bank") sent a letter to members of the Bank reiterating the Bank's credit and collateral policies in light of the recent disruptions in the mortgage finance and credit markets.  A copy of the letter is attached hereto as Exhibit 99.1.
The information contained in the attachment is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing
Item 9.01. 	Financial Statements and Exhibits.
(d) Exhibits
.
99.1
Letter to members, dated November 28, 2007, from Richard A. Dorfman, President of the Bank.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Federal Home Loan Bank of Atlanta
Date:  November 28, 2007
By:
/s/ Jill Spencer
_______________
Jill Spencer
Executive Vice President
and Chief  Operating Officer
EXHIBIT INDEX
Exhibit No.
Description
99.1	Letter to members,
dated November 28, 2007, from Richard A. Dorfman, President of the Bank.