New York, Oct. 14 - Federal Home Loan Banks upsized to $40 million its sale of 2% initial rate 8.5-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 29, 2019 and have a Canary call.
FHLB originally priced $25 million of the issue.
RW Baird and Piper Jaffray are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $40 million
|
Maturity: | April 29, 2019
|
Coupon: | 2% initial rate
|
Price: | Par
|
Call: | Canary call
|
Pricing date: | Oct. 12
|
Settlement date: | Oct. 29
|
Underwriters: | RW Baird and Piper Jaffray
|
Cusip: | 313371ET9
|
© 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.