Published on 3/22/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $40 million three-year callable step up notes at 1.25% initial rate
New York, March 22 - Federal Home Loan Banks priced $40 million of 1.25% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 12, 2013 and have a Bermuda call.
Wells Fargo Securities is the manager.
| Issuer: | Federal Home Loan Banks
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| Issue: | Step up notes
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| Amount: | $40 million
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| Maturity: | April 12, 2013
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| Coupon: | 1.25% initial rate
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| Price: | Par
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| Call: | Bermuda call
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| Pricing date: | March 22
|
| Settlement date: | April 12
|
| Underwriter: | Wells Fargo Securities
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