New York, Sept. 29 - Federal Home Loan Banks upsized to $297 million its sale of 1.5% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Sept. 25, 2012 and have a Canary call.
FHLB originally priced $247 million of the issue.
JPMorgan and Morgan Keegan are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $297 million
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Maturity: | Sept. 25, 2012
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Coupon: | 1.5% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | Sept. 18
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Settlement date: | Sept. 30
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Underwriters: | JPMorgan and Morgan Keegan
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