Published on 3/21/2012 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $25 million five-year callable step up notes at 1% initial rate
New York, March 21 - Federal Home Loan Banks priced $25 million of 1% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on March 28, 2017 and have a Canary call.
Vining Sparks and Cantor Fitzgerald are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $25 million
|
Maturity: | March 28, 2017
|
Coupon: | 1% initial rate
|
Price: | Par
|
Call: | Canary call
|
Pricing date: | March 20
|
Settlement date: | March 28
|
Underwriters: | Vining Sparks and Cantor Fitzgerald
|
Cusip: | 313378TJ0
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.