New York, March 22 - Federal Home Loan Banks added on $12 million of 2.375% three-year non-callable Tap issue at 103.088535 to yield 1.312%, according to the agency's web site.
The bonds will mature on March 14, 2014.
The spread is 16.9 basis points.
Morgan Stanley is the manager.
Issuer: | Federal Home Loan Banks
|
Issue: | Tap issue
|
Amount: | $12 million
|
Maturity: | March 14, 2014
|
Coupon: | 2.375%
|
Price: | 103.088535
|
Yield: | 1.312%
|
Spread: | 16.9 bps
|
Call: | Non-callable
|
Pricing date: | March 22
|
Settlement date: | March 24
|
Underwriter: | Morgan Stanley
|
Cusip: | 3133XWKV0
|
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