Published on 7/28/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $25 million four-year callable step up notes at 1% initial rate
New York, July 28 - Federal Home Loan Banks priced $25 million of 1% initial rate four-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Aug. 26, 2014 and have a Bermuda call.
Mizuho Securities and SWS 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: | Aug. 26, 2014
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | July 28
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Settlement date: | Aug. 26
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Underwriters: | Mizuho Securities and SWS
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Cusip: | 313370H92
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