Published on 3/29/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million five-year callable step up notes at 1.5% initial rate
New York, March 29 - Federal Home Loan Banks priced $15 million of 1.5% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 22, 2015 and have a Bermuda call.
Morgan Keegan and Vining Sparks are the managers.
| Issuer: | Federal Home Loan Banks
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| Issue: | Step up notes
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| Amount: | $15 million
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| Maturity: | April 22, 2015
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| Coupon: | 1.5% initial rate
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| Price: | Par
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| Call: | Bermuda call
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| Pricing date: | March 29
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| Settlement date: | April 22
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| Underwriters: | Morgan Keegan and Vining Sparks
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