New York, March 18 - Federal Home Loan Banks added on $39 million of 2.75% four-year non-callable Tap issue at 103.957251 to yield 1.716%, according to the agency's web site.
The bonds will mature on March 13, 2015.
The spread is 23.1 basis points.
Morgan Stanley is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Tap issue
|
| Amount: | $39 million
|
| Maturity: | March 13, 2015
|
| Coupon: | 2.75%
|
| Price: | 103.957251
|
| Yield: | 1.716%
|
| Spread: | 23.1 bps
|
| Call: | Non-callable
|
| Pricing date: | March 18
|
| Settlement date: | March 22
|
| Underwriter: | Morgan Stanley
|
| Cusip: | 3133XWX95
|
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