E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/24/2011 in the Prospect News Agency Daily.

New Issue: FHLB adds on $11 million one-year non-callable Tap issue to yield 0.229%

New York, May 24 - Federal Home Loan Banks added on $11 million of 0.25% one-year non-callable Tap issue at 100.020788 to yield 0.229%, according to the agency's web site.

The bonds will mature on May 23, 2012.

The spread is -29.8 basis points.

First Tennessee is the manager.

Issuer:Federal Home Loan Banks
Issue:Tap issue
Amount:$11 million
Maturity:May 23, 2012
Coupon:0.25%
Price:100.020788
Yield:0.229%
Spread:-29.8 bps
Call:Non-callable
Pricing date:May 24
Settlement date:May 26
Underwriter:First Tennessee
Cusip:313373Y22

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.