Published on 3/24/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million five-year callable step up notes at 2.125% initial rate
New York, March 24 - Federal Home Loan Banks priced $25 million of 2.125% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 20, 2015 and have a Bermuda call.
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: | $25 million
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Maturity: | April 20, 2015
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Coupon: | 2.125% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | March 24
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Settlement date: | April 20
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Underwriters: | Wells Fargo Securities and Stifel Nicolaus
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