Published on 6/22/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million five-year one-time callable step up notes at 1.375% initial rate
New York, June 22 - Federal Home Loan Banks priced $15 million of 1.375% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on July 13, 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: | July 13, 2015
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Coupon: | 1.375% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | June 22
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Settlement date: | July 13
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Underwriters: | Vining Sparks and Cantor Fitzgerald
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Cusip: | 3133XYY82
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