Published on 7/22/2011 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $60 million five-year callable Step Up/Downnotes at 1%
New York, July 22 - Federal Home Loan Banks upsized to $60 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 $50 million of the issue.
UBS is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step Up/Downnotes
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Amount: | $60 million
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Maturity: | Aug. 10, 2016
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Coupon: | 1%
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Price: | Par
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Call: | Bermuda call
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Pricing date: | July 19
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Settlement date: | Aug. 10
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Underwriter: | UBS
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Cusip: | 313374YE4
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