New York, Dec. 14 - Federal Home Loan Banks upsized to $160 million its sale of 3% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 30, 2019 and have a Bermuda call.
FHLB originally priced $145 million of the issue.
Huntingt and Incapital are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $160 million
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Maturity: | Dec. 30, 2019
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Coupon: | 3% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Dec. 1
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Settlement date: | Dec. 30
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Underwriters: | Huntingt and Incapital
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