New York, July 5 - Federal Home Loan Banks upsized to $25 million its sale of 1.5% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 28, 2016 and have a Canary call.
FHLB originally priced $15 million of the issue.
Incapital is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $25 million
|
| Maturity: | July 28, 2016
|
| Coupon: | 1.5% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | June 30
|
| Settlement date: | July 28
|
| Underwriter: | Incapital
|
| Cusip: | 313374NR7
|
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