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Published on 4/8/2009 in the Prospect News Agency Daily.

New Issue: FHLB prices $1 billion 1.25% 18-month bonds at par

By Angela McDaniels

Tacoma, Wash., April 8 - Federal Home Loan Banks priced $1 billion of 1.25% 18-month bonds at par on Wednesday, according to the agency's web site.

The non-callable bonds mature on Oct. 14, 2010.

RBS Securities Inc. is the manager.

Settlement will occur Tuesday.

Issuer:Federal Home Loan Banks
Issue:Bonds
Amount:$1 billion
Maturity:Oct. 14, 2010
Coupon:1.25%
Price:Par
Call option:Non-callable
Manager:RBS Securities Inc.
Pricing date:April 8
Settlement date:April 14

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