New York, March 24 - Federal Home Loan Banks upsized to $100 million its sale 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 19, 2013 and have a Canary call.
FHLB originally priced $25 million of the issue.
First Tennessee is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $100 million
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Maturity: | April 19, 2013
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | March 23
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Settlement date: | April 19
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Underwriter: | First Tennessee
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