New York, March 11 - Federal Home Loan Banks upsized to $155 million its sale of 1% initial rate 2.75-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 26, 2012 and have a Bermuda call.
FHLB originally priced $135 million of the issue.
Cantor Fitzgerald and Incapital are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $155 million
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Maturity: | Dec. 26, 2012
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | March 1
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Settlement date: | March 26
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Underwriters: | Cantor Fitzgerald and Incapital
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