Published on 11/30/2009 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $100 million 2.25-year one-time callable step up notes at 0.5% initial rate
New York, Nov. 30 - Federal Home Loan Banks upsized to $100 million its sale of 0.5% initial rate 2.25-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 21, 2012 and are callable one time.
FHLB originally priced $75 million of the issue.
UBS is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $100 million
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Maturity: | March 21, 2012
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Coupon: | 0.5% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | Nov. 25
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Settlement date: | Dec. 21
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Underwriter: | UBS
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