Published on 6/23/2011 in the Prospect News Agency Daily.
New Issue: FHLB prices $40 million 2.5-year non-call 0.25-year notes at 0.85%
New York, June 23 - Federal Home Loan Banks priced $40 million of 0.85% 2.5-year non-call 0.25-year notes at par, according to the agency's web site.
The bonds will mature on Jan. 14, 2014 and are callable beginning Oct. 14.
Merrill Lynch is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Notes
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Amount: | $40 million
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Maturity: | Jan. 14, 2014
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Coupon: | 0.85%
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Price: | Par
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Call: | Beginning Oct. 14
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Pricing date: | June 23
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Settlement date: | July 14
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Underwriter: | Merrill Lynch
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Cusip: | 313374JV3
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