Published on 4/13/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $250 million two-year callable step up notes at 0.625% initial rate
New York, April 13 - Federal Home Loan Banks priced $250 million of 0.625% initial rate two-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 11, 2012 and have a Canary call.
RBC Capital Markets is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $250 million
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Maturity: | May 11, 2012
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Coupon: | 0.625% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | April 13
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Settlement date: | May 11
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Underwriter: | RBC Capital Markets
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