Published on 3/8/2013 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million eight-year callable step up notes at 1% initial rate
New York, March 8 - Federal Home Loan Banks priced $15 million of 1% initial rate eight-year callable step up notes at par, according to the agency's web site.
The bonds will mature on March 26, 2021 and have a Canary call.
Guggenheim is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | March 26, 2021
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | March 8
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Settlement date: | March 26
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Underwriter: | Guggenheim
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Cusip: | 313382HM8
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