FHLB adds on $108 million five-year non-callable Tap issue to yield 2.433%
New York, April 5 - Federal Home Loan Banks added on $108 million of 3.125% five-year non-callable Tap issue at 103.196332 to yield 2.433%, according to the agency's web site.
The bonds will mature on March 11, 2016.
The spread is 18.5 basis points.
Morgan Stanley, Credit Suisse, BNP Paribas and RBS Securities are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Tap issue
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Amount: | $108 million
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Maturity: | March 11, 2016
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Coupon: | 3.125%
|
Price: | 103.196332
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Yield: | 2.433%
|
Spread: | 18.5 bps
|
Call: | Non-callable
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Pricing date: | April 5
|
Settlement date: | April 7
|
Underwriters: | Morgan Stanley, Credit Suisse, BNP Paribas and RBS Securities
|
Cusip: | 3133XXP43
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