Published on 7/17/2009 in the Prospect News Agency Daily.
New Issue: FHLB prices $1 billion of callable 2.05% three-year bonds
By Jennifer Chiou
New York, July 17 - Federal Home Loan Banks priced $1 billion of 2.05% bonds due Aug. 10, 2012 at par on Friday, according to a term sheet.
The bonds are callable on Aug. 10, 2011.
Bank of America is the underwriter.
The settlement date is Aug. 10.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Bonds
|
| Amount: | $1 billion
|
| Maturity: | Aug. 10, 2012
|
| Underwriter: | Bank of America
|
| Coupon: | 2.05%
|
| Price: | Par
|
| Call option: | On Aug. 10, 2011
|
| Pricing date: | July 17
|
| Settlement date: | Aug. 10
|
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