Published on 5/21/2010 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $100 million 2.5-year callable step up notes at 0.65% initial rate
New York, May 21 - Federal Home Loan Banks upsized to $100 million its sale of 0.65% initial rate 2.5-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Nov. 27, 2012 and have a Bermuda call.
FHLB originally priced $50 million of the issue.
Nomura is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $100 million
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Maturity: | Nov. 27, 2012
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Coupon: | 0.65% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | May 20
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Settlement date: | May 27
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Underwriter: | Nomura
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