Published on 10/8/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million 8.5-year one-time callable step up notes at 1.625% initial rate
New York, Oct. 8 - Federal Home Loan Banks priced $15 million of 1.625% initial rate 8.5-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on April 29, 2019 and are callable one time.
First Tennessee is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | April 29, 2019
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Coupon: | 1.625% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | Oct. 8
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Settlement date: | Oct. 29
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Underwriter: | First Tennessee
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Cusip: | 313371EK8
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