FHLB prices $15 million 2.5-year one-time callable step up notes at 0.5% initial rate
New York, April 5 - Federal Home Loan Banks priced $15 million of 0.5% initial rate 2.5-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 28, 2013 and are callable one time.
Duncan-Williams Inc. is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | Oct. 28, 2013
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Coupon: | 0.5% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | April 5
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Settlement date: | April 28
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Underwriter: | Duncan-Williams Inc.
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Cusip: | 313373FC1
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