New York, March 8 - Federal Home Loan Banks upsized to $35 million its sale of 1% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 21, 2016 and are callable one time.
FHLB originally priced $25 million of the issue.
Vining Sparks and Cantor Fitzgerald are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $35 million
|
Maturity: | March 21, 2016
|
Coupon: | 1% initial rate
|
Price: | Par
|
Call: | One time
|
Pricing date: | March 1
|
Settlement date: | March 21
|
Underwriters: | Vining Sparks and Cantor Fitzgerald
|
Cusip: | 313372VE1
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.