Published on 6/18/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million seven-year one-time callable step up notes at 2% initial rate
New York, June 18 - Federal Home Loan Banks priced $15 million of 2% initial rate seven-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on July 12, 2017 and are callable one time.
RW Baird and Piper Jaffray 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: | July 12, 2017
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Coupon: | 2% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | June 18
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Settlement date: | July 12
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Underwriters: | RW Baird and Piper Jaffray
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Cusip: | 3133XYXG5
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