Published on 2/25/2009 in the Prospect News Agency Daily.
New Issue: FHLB prices $1 billion 1.375% 18-month bonds at par
By Jennifer Chiou
New York, Feb. 25 - Federal Home Loan Banks priced $1 billion of 1.375% 18-month bonds at par on Wednesday, according to the agency's web site.
The non-callable bonds mature on Aug. 27, 2010. Interest will be payable semiannually beginning Aug. 27, 2009.
Barclays Capital Inc. is the underwriter.
Settlement will occur Friday.
Issuer: | Federal Home Loan Banks
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Issue: | Bonds
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Amount: | $1 billion
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Maturity: | Aug. 27, 2010
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Coupon: | 1.375%, payable semiannually beginning Aug. 27, 2009
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Price: | Par
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Yield: | 1.375%
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Call: | Non-callable
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Underwriter: | Barclays Capital Inc.
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Pricing date: | Feb. 25
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Settlement date: | Feb. 27
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