Published on 3/21/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $120 million five-year callable step up notes at 1.8% initial rate
New York, March 21 - Federal Home Loan Banks priced $120 million of 1.8% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 17, 2019 and have a Bermuda call.
First Tennessee is the manager.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $120 million
|
Maturity: | April 17, 2019
|
Coupon: | 1.8% initial rate
|
Price: | Par
|
Call: | Bermuda call
|
Pricing date: | March 20
|
Settlement date: | April 17
|
Underwriter: | First Tennessee
|
Cusip: | 3130A1GU6
|
|
© 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.