New York, June 1 - Federal Home Loan Banks upsized to $25 million its sale of 1.125% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on June 24, 2020 and have a Canary call.
FHLB originally priced $15 million of the issue.
Vining Sparks and BMO Capital Markets Corp. are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $25 million
|
Maturity: | June 24, 2020
|
Coupon: | 1.125% initial rate
|
Price: | Par
|
Call: | Canary call
|
Pricing date: | May 28
|
Settlement date: | June 24
|
Underwriters: | Vining Sparks and BMO Capital Markets Corp.
|
Cusip: | 3130A5HK8
|
|
© 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.