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Published on 4/18/2011 in the Prospect News Agency Daily.

New Issue: FHLB prices $20 million five-year callable Step Up/Downnotes at 1%

New York, April 18 - Federal Home Loan Banks priced $20 million of 1% five-year callable Step Up/Downnotes at par, according to the agencyÂ's web site.

The bonds will mature on May 2, 2016 and have a Bermuda call.

Cantor Fitzgerald is the manager.

Issuer:Federal Home Loan Banks
Issue:Step Up/Downnotes
Amount:$20 million
Maturity:May 2, 2016
Coupon:1%
Price:Par
Call:Bermuda call
Pricing date:April 18
Settlement date:May 2
Underwriter:Cantor Fitzgerald
Cusip:313373LD2

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