Published on 12/15/2009 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million five-year callable step down notes at 5.125% initial rate
New York, Dec. 15 - Federal Home Loan Banks priced $25 million of 5.125% initial rate five-year callable step down notes at par, according to the agency's web site.
The bonds will mature on Dec. 29, 2014 and have a Bermuda call.
Deutsche Bank is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step down notes
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Amount: | $25 million
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Maturity: | Dec. 29, 2014
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Coupon: | 5.125% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Dec. 15
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Settlement date: | Dec. 29
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Underwriter: | Deutsche Bank
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