Published on 7/20/2011 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $50 million five-year callable Step Up/Downnotes at 1%
New York, July 20 - Federal Home Loan Banks upsized to $50 million its sale of 1% five-year callable Step Up/Downnotes at par, according to the agency's web site.
The bonds will mature on Aug. 10, 2016 and have a Bermuda call.
FHLB originally priced $40 million of the issue.
UBS is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step Up/Downnotes
|
| Amount: | $50 million
|
| Maturity: | Aug. 10, 2016
|
| Coupon: | 1%
|
| Price: | Par
|
| Call: | Bermuda call
|
| Pricing date: | July 19
|
| Settlement date: | Aug. 10
|
| Underwriter: | UBS
|
| Cusip: | 313374YE4
|
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