Published on 4/24/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million 15-year callable range notes at 5%
New York, April 24 - Federal Home Loan Banks priced $15 million of 5% 15-year callable range notes at par, according to the agency's web site.
The bonds will mature on May 22, 2029 and have a Bermuda call.
Barclays Capital is the manager.
| Issuer: | Federal Home Loan Banks
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| Issue: | Range notes
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| Amount: | $15 million
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| Maturity: | May 22, 2029
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| Coupon: | 5%
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| Price: | Par
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| Call: | Bermuda call
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| Pricing date: | April 24
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| Settlement date: | May 22
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| Underwriter: | Barclays Capital
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| Cusip: | 3130A1UP1
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