Published on 3/23/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $20 million 1.75-year one-time callable step up notes at 0.6% initial rate
New York, March 23 - Federal Home Loan Banks priced $20 million of 0.6% initial rate 1.75-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 30, 2011 and are callable one time.
Piper Jaffray and SWS are the managers.
| Issuer: | Federal Home Loan Banks
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| Issue: | Step up notes
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| Amount: | $20 million
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| Maturity: | Dec. 30, 2011
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| Coupon: | 0.6% initial rate
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| Price: | Par
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| Call: | One time
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| Pricing date: | March 23
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| Settlement date: | March 30
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| Underwriters: | Piper Jaffray and SWS
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