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Published on 5/12/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $15 million 2.75-year callable one-time at 0.75 year notes at 1.5%

New York, May 12 - Federal Home Loan Banks priced $15 million of 1.5% 2.75-year callable one-time at 0.75 year notes at par, according to the agency's web site.

The bonds will mature on Feb. 28, 2013 and are callable one time on Feb. 28, 2011.

Morgan Keegan and Vining Sparks are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$15 million
Maturity:Feb. 28, 2013
Coupon:1.5%
Price:Par
Call:One time on Feb. 28, 2011
Pricing date:May 12
Settlement date:May 28
Underwriters:Morgan Keegan and Vining Sparks

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