New York, March 24 - Federal Home Loan Banks upsized to $160 million its sale of 0.625% initial rate 2.5-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 16, 2012 and have a Bermuda call.
FHLB originally priced $130 million of the issue.
Wells Fargo Securities and Stifel Nicolaus are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $160 million
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Maturity: | Oct. 16, 2012
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Coupon: | 0.625% 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 16
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Underwriters: | Wells Fargo Securities and Stifel Nicolaus
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