New York, Nov. 30 - Federal Home Loan Banks upsized to $125 million its sale of 1% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Dec. 28, 2022 and have a Bermuda call.
FHLB originally priced $25 million of the issue.
First Tennessee, Citigroup Global Markets and JVB are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $125 million
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Maturity: | Dec. 28, 2022
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Coupon: | 1% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Nov. 29
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Settlement date: | Dec. 28
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Underwriters: | First Tennessee, Citigroup Global Markets and JVB
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Cusip: | 313381GE9
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