By Angela McDaniels
Tacoma, Wash., April 7 - Federal Home Loan Banks priced $3.5 billion of one-year floating-rate bonds with a coupon of Libor minus 28 basis points, according to the agency's web site.
The non-callable bonds priced at par on Tuesday and mature April 13, 2010.
Interest is payable quarterly.
UBS is the manager.
Settlement will occur Monday.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Bonds
|
| Amount: | $3.5 billion
|
| Maturity: | April 13, 2010
|
| Coupon: | Libor minus 28 bps, payable quarterly
|
| Price: | Par
|
| Call: | Non-callable
|
| Manager: | UBS
|
| Pricing date: | April 7
|
| Settlement date: | April 13
|
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