Published on 7/20/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million 15-year callable step up notes at 3.25% initial rate
New York, July 20 - Federal Home Loan Banks priced $25 million of 3.25% initial rate 15-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Aug. 18, 2025 and have a Bermuda call.
Incapital is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $25 million
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Maturity: | Aug. 18, 2025
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Coupon: | 3.25% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | July 20
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Settlement date: | Aug. 18
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Underwriter: | Incapital
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Cusip: | 313370EP9
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