New York, June 21 - Federal Home Loan Banks upsized to $25 million its sale of 0.5% initial rate 3.75-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 27, 2015 and are callable one time.
FHLB originally priced $15 million of the issue.
Morgan Keegan is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $25 million
|
| Maturity: | March 27, 2015
|
| Coupon: | 0.5% initial rate
|
| Price: | Par
|
| Call: | One time
|
| Pricing date: | June 16
|
| Settlement date: | June 27
|
| Underwriter: | Morgan Keegan
|
| Cusip: | 313374FJ4
|
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