New York, Sept. 20 - Federal Home Loan Banks upsized to $100 million its sale of 2% initial rate 15-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Sept. 30, 2026 and have a Bermuda call.
FHLB originally priced $80 million of the issue.
Amherst and JVB are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $100 million
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Maturity: | Sept. 30, 2026
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Coupon: | 2% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Sept. 7
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Settlement date: | Sept. 30
|
Underwriters: | Amherst and JVB
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Cusip: | 313375PY7
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