Published on 7/27/2011 in the Prospect News Agency Daily.
New Issue: FHLB upsizes to $50 million seven-year non-call one-year notes at 3%
New York, July 27 - Federal Home Loan Banks upsized to $50 million its sale of 3% seven-year non-call one-year notes at par, according to the agency's web site.
The bonds will mature on Aug. 3, 2018 and are callable beginning Aug. 3, 2012.
FHLB originally priced $40 million of the issue.
Morgan Keegan, Vining Sparks and Piper Jaffray are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Notes
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Amount: | $50 million
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Maturity: | Aug. 3, 2018
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Coupon: | 3%
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Price: | Par
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Call: | Beginning Aug. 3, 2012
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Pricing date: | July 8
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Settlement date: | Aug. 3
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Underwriters: | Morgan Keegan, Vining Sparks and Piper Jaffray
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Cusip: | 313374SA9
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