Published on 4/21/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million nine-year one-time callable step up notes at 2% initial rate
New York, April 21 - Federal Home Loan Banks priced $15 million of 2% initial rate nine-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on May 10, 2019 and are callable one time.
Vining Sparks and BMO Capital Markets GKST Inc. 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 10, 2019
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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 21
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Settlement date: | May 10
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Underwriters: | Vining Sparks and BMO Capital Markets GKST Inc.
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