Published on 6/23/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million 2.75-year one-time callable step up notes at 0.6% initial rate
New York, June 23 - Federal Home Loan Banks priced $15 million of 0.6% initial rate 2.75-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on April 12, 2013 and are callable one time.
Morgan Keegan and Vining Sparks 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: | April 12, 2013
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Coupon: | 0.6% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | June 23
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Settlement date: | July 12
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Underwriters: | Morgan Keegan and Vining Sparks
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Cusip: | 3133XYYV1
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