Published on 4/20/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million five-year one-time callable step up notes at 2% initial rate
New York, April 20 - Federal Home Loan Banks priced $15 million of 2% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on May 14, 2015 and are callable one time.
UMB Bank NA and Cantor Fitzgerald 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: | May 14, 2015
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Coupon: | 2% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | April 20
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Settlement date: | May 14
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Underwriters: | UMB Bank NA and Cantor Fitzgerald
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