New York, July 24 - Federal Home Loan Banks upsized to $55 million its sale of 1.625% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 30, 2019 and have a Bermuda call.
FHLB originally priced $45 million of the issue.
Incapital and Mesirow are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $55 million
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Maturity: | July 30, 2019
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Coupon: | 1.625% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | July 1
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Settlement date: | July 30
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Underwriters: | Incapital and Mesirow
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Cusip: | 3130A2JV9
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