New York, Sept. 16 - Federal Home Loan Banks upsized to $30 million its sale of 2% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on Sept. 30, 2014 and are callable one time.
FHLB originally priced $15 million of the issue.
Morgan Keegan and Vining Sparks are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $30 million
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Maturity: | Sept. 30, 2014
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Coupon: | 2% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | Sept. 15
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Settlement date: | Sept. 30
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Underwriters: | Morgan Keegan and Vining Sparks
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