New York, March 4 - Federal Home Loan Banks upsized to $85 million its sale of 1.25% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 30, 2015 and are callable one time.
FHLB originally priced $75 million of the issue.
Wells Fargo Securities and Stifel Nicolaus are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $85 million
|
Maturity: | March 30, 2015
|
Coupon: | 1.25% initial rate
|
Price: | Par
|
Call: | One time
|
Pricing date: | March 2
|
Settlement date: | March 30
|
Underwriters: | Wells Fargo Securities and Stifel Nicolaus
|
|
© 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.