Published on 6/1/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million 15-year callable step up notes at 3% initial rate
New York, June 1 - Federal Home Loan Banks priced $15 million of 3% initial rate 15-year callable step up notes at par, according to the agency's web site.
The bonds will mature on June 30, 2025 and have a Bermuda call.
Amherst and Mesirow are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | June 30, 2025
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Coupon: | 3% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | June 1
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Settlement date: | June 30
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Underwriters: | Amherst and Mesirow
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