New York, Sept. 16 - Federal Home Loan Banks upsized to $35 million its sale of 1% initial rate six-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Sept. 28, 2017 and have a Canary call.
FHLB originally priced $25 million of the issue.
Southwest Securities and Duncan-Williams Inc. are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $35 million
|
| Maturity: | Sept. 28, 2017
|
| Coupon: | 1% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | Sept. 7
|
| Settlement date: | Sept. 28
|
| Underwriters: | Southwest Securities and Duncan-Williams Inc.
|
| Cusip: | 313375PG6
|
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