Published on 3/18/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $250 million three-year callable step up notes at 1% initial rate
New York, March 18 - Federal Home Loan Banks priced $250 million of 1% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 5, 2013 and have a Bermuda call.
Barclays Capital is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $250 million
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Maturity: | April 5, 2013
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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 18
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Settlement date: | April 5
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Underwriter: | Barclays Capital
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