New York, Oct. 19 - Federal Home Loan Banks upsized to $25 million its sale of 1.25% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 25, 2022 and have a Canary call.
FHLB originally priced $15 million of the issue.
Stifel Nicolaus and Mesirow are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $25 million
|
| Maturity: | Oct. 25, 2022
|
| Coupon: | 1.25% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | Oct. 4
|
| Settlement date: | Oct. 25
|
| Underwriters: | Stifel Nicolaus and Mesirow
|
| Cusip: | 313380Y84
|
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