New York, Dec. 23 - Federal Home Loan Banks upsized to $350 million its sale of 1.22% initial rate three-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on Jan. 14, 2013 and are callable one time.
FHLB originally priced $250 million of the issue.
Goldman Sachs and RBS Securities are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $350 million
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Maturity: | Jan. 14, 2013
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Coupon: | 1.22% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | Dec. 22
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Settlement date: | Jan. 14, 2010
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Underwriters: | Goldman Sachs and RBS Securities
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