Published on 5/20/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $1.25 billion one-year non-call 0.25-year notes at 0.75%
New York, May 20 - Federal Home Loan Banks priced $1.25 billion of 0.75% one-year non-call 0.25-year notes at par, according to the agency's web site.
The bonds will mature on June 21, 2011 and are callable quarterly beginning Sept. 9.
JPMorgan and Morgan Stanley are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Notes
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Amount: | $1.25 billion
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Maturity: | June 21, 2011
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Coupon: | 0.75%
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Price: | Par
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Call: | Quarterly beginning Sept. 9
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Pricing date: | May 20
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Settlement date: | June 9
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Underwriters: | JPMorgan and Morgan Stanley
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