New York, April 30 - Federal Home Loan Banks upsized to $25 million its sale of 1% initial rate 3.75-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on Feb. 27, 2018 and are callable one time.
FHLB originally priced $15 million of the issue.
First Tennessee and Vining Sparks are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
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| Amount: | $25 million
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| Maturity: | Feb. 27, 2018
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| Coupon: | 1% initial rate
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| Price: | Par
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| Call: | One time
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| Pricing date: | April 29
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| Settlement date: | May 27
|
| Underwriters: | First Tennessee and Vining Sparks
|
| Cusip: | 3130A1VS4
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