New York, March 25 - Federal Home Loan Banks upsized to $35 million its sale of 1.25% initial rate 5.25-year callable step up notes at par, according to the agency's web site.
The bonds will mature on June 27, 2019 and have a Canary call.
FHLB originally priced $25 million of the issue.
Morgan Stanley is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $35 million
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Maturity: | June 27, 2019
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Coupon: | 1.25% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | March 21
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Settlement date: | March 27
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Underwriter: | Morgan Stanley
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Cusip: | 3130A1HE1
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