Published on 6/16/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million five-year one-time callable step up notes at 1.5% initial rate
New York, June 16 - Federal Home Loan Banks priced $15 million of 1.5% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on June 29, 2015 and are callable one time.
Vining Sparks and Cantor Fitzgerald 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 29, 2015
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Coupon: | 1.5% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | June 16
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Settlement date: | June 29
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Underwriters: | Vining Sparks and Cantor Fitzgerald
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Cusip: | 3133XYWH4
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