New Issue: FHLB adds on $16 million 6.75-year non-callable Tap issue to yield 2.671%

New York, July 22 - Federal Home Loan Banks added on $16 million of 3.375% 6.75-year non-callable Tap issue at 104.386886 to yield 2.671%, according to the agency's web site.

The bonds will mature on June 9, 2017.

The spread is 29.2 basis points.

JPMorgan is the manager.

Issuer:	Federal Home Loan Banks
Issue:	Tap issue
Amount:	$16 million
Maturity:	June 9, 2017
Coupon:	3.375%
Price:	104.386886
Yield:	2.671%
Spread:	29.2 bps
Call:	Non-callable
Pricing date:	July 22
Settlement date:	July 26
Underwriter:	JPMorgan
Cusip:	3133XYHU2

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