Published on 6/29/2011 in the Prospect News Agency Daily.
New Issue: FHLB prices $50 million five-year callable Step Up/Downnotes at 5.25%
New York, June 29 - Federal Home Loan Banks priced $50 million of 5.25% five-year callable Step Up/Downnotes at par, according to the agency's web site.
The bonds will mature on July 20, 2016 and have a Bermuda call.
Mizuho Securities is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step Up/Downnotes
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Amount: | $50 million
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Maturity: | July 20, 2016
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Coupon: | 5.25%
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Price: | Par
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Call: | Bermuda call
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Pricing date: | June 28
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Settlement date: | July 20
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Underwriter: | Mizuho Securities
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Cusip: | 313374ME7
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