Published on 5/10/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million three-year callable step up notes at 0.625% initial rate
New York, May 10 - Federal Home Loan Banks priced $25 million of 0.625% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 17, 2013 and have a Bermuda call.
First Tennessee is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $25 million
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Maturity: | May 17, 2013
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Coupon: | 0.625% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | May 10
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Settlement date: | May 18
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Underwriter: | First Tennessee
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