By Angela McDaniels
Tacoma, Wash., March 25 - Federal Home Loan Banks priced $500 million of additional 0.93% one-year bonds due March 30, 2010, bringing the total issue size to $2.04 billion.
The non-callable bonds originally priced at par on Monday, and the issuer previously increased the issue size to $1.54 billion from $1.04 billion.
Interest will not be paid until maturity, according to the agency's web site.
Bank of America is the manager.
Settlement will occur April 1.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Bonds
|
| Amount: | $2,035,000,000
|
| Maturity: | March 30, 2010
|
| Coupon: | 0.93%, payable entirely at maturity
|
| Price: | Par
|
| Call: | Non-callable
|
| Manager: | Bank of America
|
| Pricing date: | March 23
|
| Settlement date: | April 1
|
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