New York, April 25 - Federal Home Loan Banks upsized to $40 million its sale of 1% initial rate four-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 30, 2018 and have a Canary call.
FHLB originally priced $30 million of the issue.
BOSC Inc. is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $40 million
|
| Maturity: | April 30, 2018
|
| Coupon: | 1% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | April 10
|
| Settlement date: | April 30
|
| Underwriter: | BOSC Inc.
|
| Cusip: | 3130A1PK8
|
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