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Published on 5/27/2011 in the Prospect News Agency Daily.

New Issue: FHLB upsizes to $1 billion 3.5-year callable one time at 0.5 year notes at 2%

New York, May 27 - Federal Home Loan Banks upsized to $1 billion its sale of 2% 3.5-year callable one time at 0.5 year notes at 100.8, according to the agency's web site.

The bonds will mature on Dec. 9, 2014 and are callable one time on Dec. 9.

FHLB originally priced $500 million of the issue.

BNP Paribas and Deutsche Bank are the managers.

Issuer:Federal Home Loan Banks
Issue:Notes
Amount:$1 billion
Maturity:Dec. 9, 2014
Coupon:2%
Price:100.8
Call:One time on Dec. 9
Pricing date:May 17
Settlement date:June 9
Underwriters:BNP Paribas and Deutsche Bank
Cusip:313373W24

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