FHLB may buy back some 5.375% notes due 2016, 4.75% bonds due 2016

By Susanna Moon

Chicago, Nov. 21 - Federal Home Loan Bank of Chicago is interested in buying back some of two series of its bonds and is contacting dealers about a possible repurchase.

The bank may repurchase some of its $4 billion of 5.375% notes due May 18, 2016 and some of its $3.95 billion of 4.75% bonds due Dec 16, 2016.

There is no assurance that the bank will accept any offers, and the action is related to routine asset-liability management at the bank, according to a press release.

© 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.