New York, May 25 - Federal Home Loan Banks added on $7 million of 3.375% six-year non-callable Tap issue at 104.980290 to yield 2.481%, according to the agency's web site.
The bonds will mature on June 9, 2017.
The spread is 2.9 basis points.
Morgan Stanley is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Tap issue
|
| Amount: | $7 million
|
| Maturity: | June 9, 2017
|
| Coupon: | 3.375%
|
| Price: | 104.980290
|
| Yield: | 2.481%
|
| Spread: | 2.9 bps
|
| Call: | Non-callable
|
| Pricing date: | May 25
|
| Settlement date: | May 27
|
| Underwriter: | Morgan Stanley
|
| Cusip: | 3133XYHU2
|
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