New York, April 21 - Federal Home Loan Banks upsized to $20 million its sale of 1.75% 10-year callable capped floaters at par, according to the agency's web site.
The bonds will mature on April 30, 2025 and have a Bermuda call.
FHLB originally priced $10 million of the issue.
Morgan Stanley is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Capped floaters
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Amount: | $20 million
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Maturity: | April 30, 2025
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Coupon: | Floating
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Price: | Par
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Call: | Bermuda call
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Pricing date: | April 16
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Settlement date: | April 30
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Underwriter: | Morgan Stanley
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Cusip: | 3130A52Z1
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