Published on 3/15/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million five-year one-time callable step up notes at 1.25% initial rate
New York, March 15 - Federal Home Loan Banks priced $25 million 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.
RBC Capital Markets 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: | March 30, 2015
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Coupon: | 1.25% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | March 15
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Settlement date: | March 30
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Underwriter: | RBC Capital Markets
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