New York, March 17 - Federal Home Loan Banks added on $100 million of 1.375% 3.5-year non-callable Tap issue at 99.599206 to yield 1.494%, according to the agency's web site.
The bonds will mature on Sept. 12, 2014.
The spread is 44.6 basis points.
JPMorgan and RBS Securities are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Tap issue
|
Amount: | $100 million
|
Maturity: | Sept. 12, 2014
|
Coupon: | 1.375%
|
Price: | 99.599206
|
Yield: | 1.494%
|
Spread: | 44.6 bps
|
Call: | Non-callable
|
Pricing date: | March 17
|
Settlement date: | March 21
|
Underwriters: | JPMorgan and RBS Securities
|
Cusip: | 313370JS8
|
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