New York, Aug. 23 - Federal Home Loan Banks upsized to $50 million its sale of 0.375% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Sept. 16, 2016 and have a Bermuda call.
FHLB originally priced $15 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: | $50 million
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Maturity: | Sept. 16, 2016
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Coupon: | 0.375% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Aug. 22
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Settlement date: | Sept. 16
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Underwriters: | Morgan Keegan and Vining Sparks
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Cusip: | 313375GW1
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