New York, Sept. 18 - Federal Home Loan Banks upsized to $105 million its sale of 3% initial rate seven-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 13, 2016 and have a Canary call.
FHLB originally priced $75 million of the issue.
First Tennessee and Incapital are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $105 million
|
| Maturity: | Oct. 13, 2016
|
| Coupon: | 3% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | Sept. 15
|
| Settlement date: | Oct. 13
|
| Underwriters: | First Tennessee and Incapital
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
