By Jennifer Chiou
New York, June 25 - Federal Home Loan Banks priced $1 billion of 0.57% bonds due July 6, 2010 at par, according to a term sheet.
Interest is payable semiannually.
The bonds are non-callable.
BNP Paribas is the underwriter.
The settlement date is July 6.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Bonds
|
| Amount: | $1 billion
|
| Maturity: | July 6, 2010
|
| Underwriter: | BNP Paribas
|
| Coupon: | 0.57%, payable semiannually
|
| Price: | Par
|
| Yield: | 0.57%
|
| Call option: | Non-callable
|
| Pricing date: | June 24
|
| Settlement date: | July 6
|
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