Published on 3/23/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $40 million two-year callable step up notes at 0.5% initial rate
New York, March 23 - Federal Home Loan Banks priced $40 million of 0.5% initial rate two-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 12, 2012 and have a Bermuda call.
Mesirow is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $40 million
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Maturity: | April 12, 2012
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Coupon: | 0.5% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | March 23
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Settlement date: | April 12
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Underwriter: | Mesirow
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