Published on 4/12/2011 in the Prospect News Agency Daily.
New Issue: FHLB adds on $80 million five-year non-callable Tap issue to yield 2.39%
New York, April 12 - Federal Home Loan Banks added on $80 million of 3.125% five-year non-callable Tap issue at 103.383353 to yield 2.39%, according to the agency's web site.
The bonds will mature on March 11, 2016.
The spread is 17.9 basis points.
Credit Suisse, Cantor Fitzgerald, BNP Paribas and Merrill Lynch are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Tap issue
|
| Amount: | $80 million
|
| Maturity: | March 11, 2016
|
| Coupon: | 3.125%
|
| Price: | 103.383353
|
| Yield: | 2.39%
|
| Spread: | 17.9 bps
|
| Call: | Non-callable
|
| Pricing date: | April 12
|
| Settlement date: | April 14
|
| Underwriters: | Credit Suisse, Cantor Fitzgerald, BNP Paribas and Merrill Lynch
|
| Cusip: | 3133XXP43
|
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