New York, June 23 - Federal Home Loan Banks upsized to $25 million its sale 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.
FHLB originally priced $15 million of the issue.
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: | $25 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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