Published on 5/17/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $125 million one-year callable step up notes at 0.25% initial rate
New York, May 17 - Federal Home Loan Banks priced $125 million of 0.25% initial rate one-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 27, 2011 and have a Bermuda call.
RBC Capital Markets is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $125 million
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Maturity: | May 27, 2011
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Coupon: | 0.25% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | May 17
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Settlement date: | May 27
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Underwriter: | RBC Capital Markets
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