Published on 4/21/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $500 million one-year callable step up notes at 0.3% initial rate
New York, April 21 - Federal Home Loan Banks priced $500 million of 0.3% initial rate one-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 10, 2011 and have a Bermuda call.
BNP Paribas and Deutsche Bank are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $500 million
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Maturity: | May 10, 2011
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Coupon: | 0.3% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | April 21
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Settlement date: | May 10
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Underwriters: | BNP Paribas and Deutsche Bank
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