New York, June 28 - Federal Home Loan Banks upsized to $45 million its sale of 2% initial rate eight-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 19, 2019 and have a Bermuda call.
FHLB originally priced $25 million of the issue.
Stifel Nicolaus and JVB are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $45 million
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Maturity: | July 19, 2019
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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: | June 23
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Settlement date: | July 19
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Underwriters: | Stifel Nicolaus and JVB
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Cusip: | 313374JM3
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