Published on 7/22/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million nine-year callable step up notes at 2% initial rate
New York, July 22 - Federal Home Loan Banks priced $25 million of 2% initial rate nine-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 29, 2019 and have a Bermuda call.
SWS and JVB 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 29, 2019
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Coupon: | 2% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | July 22
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Settlement date: | July 29
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Underwriters: | SWS and JVB
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Cusip: | 313370FM5
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