New York, Aug. 27 - Federal Home Loan Banks upsized to $75 million its sale of 1% initial rate 3.5-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 22, 2013 and are callable one time.
FHLB originally priced $25 million of the issue.
RBC Capital Markets is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
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| Amount: | $75 million
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| Maturity: | March 22, 2013
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| Coupon: | 1% initial rate
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| Price: | Par
|
| Call: | One time
|
| Pricing date: | Aug. 25
|
| Settlement date: | Sept. 22
|
| Underwriter: | RBC Capital Markets
|
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