New York, May 3 - Federal Home Loan Banks upsized to $25 million its sale of 1% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 23, 2023 and have a Bermuda call.
FHLB originally priced $15 million of the issue.
Incapital is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $25 million
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Maturity: | May 23, 2023
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | April 30
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Settlement date: | May 30
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Underwriter: | Incapital
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Cusip: | 313382Z55
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