Published on 11/30/2010 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $25 million seven-year callable step up notes at 1.5% initial rate
New York, Nov. 30 - Federal Home Loan Banks upsized to $25 million its sale of 1.5% initial rate seven-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 15, 2017 and have a Canary call.
FHLB originally priced $15 million of the issue.
Amherst is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $25 million
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Maturity: | Dec. 15, 2017
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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: | Nov. 23
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Settlement date: | Dec. 15
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Underwriter: | Amherst
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Cusip: | 313371X92
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