New York, July 12 - Federal Home Loan Banks upsized to $145 million its sale of 1% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 18, 2016 and have a Bermuda call.
FHLB originally priced $130 million of the issue.
Morgan Keegan and Vining Sparks are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $145 million
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Maturity: | July 18, 2016
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | June 29
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Settlement date: | July 18
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Underwriters: | Morgan Keegan and Vining Sparks
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Cusip: | 313374MR8
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