New York, May 13 - Federal Home Loan Banks upsized to $40 million its sale of 3% 7.5-year non-call 0.25-year notes at par, according to the agency's web site.
The bonds will mature on Nov. 23, 2018 and are callable quarterly beginning Aug. 23.
FHLB originally priced $30 million of the issue.
Incapital is the manager.
Issuer: | Federal Home Loan Banks
|
Issue: | Notes
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Amount: | $40 million
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Maturity: | Nov. 23, 2018
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Coupon: | 3%
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Price: | Par
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Call: | Quarterly beginning Aug. 23
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Pricing date: | May 11
|
Settlement date: | May 23
|
Underwriter: | Incapital
|
Cusip: | 313373U91
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