Published on 3/19/2013 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million 15-year callable step up notes at 2.5% initial rate
New York, March 19 - Federal Home Loan Banks priced $15 million of 2.5% initial rate 15-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 17, 2028 and have a Bermuda call.
Mesirow is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | April 17, 2028
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Coupon: | 2.5% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | March 19
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Settlement date: | April 17
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Underwriter: | Mesirow
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Cusip: | 313382MA8
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