New York, Dec. 11 - Federal Home Loan Banks upsized to $145 million its sale of 2% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 24, 2014 and have a Bermuda call.
FHLB originally priced $120 million of the issue.
Bank of America and Incapital are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $145 million
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Maturity: | Dec. 24, 2014
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Coupon: | 2% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Dec. 8
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Settlement date: | Dec. 24
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Underwriters: | Bank of America and Incapital
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