Published on 3/22/2012 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $20 million three-year callable step up notes at 0.55% initial rate
New York, March 22 - Federal Home Loan Banks priced $20 million of 0.55% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 17, 2015 and have a Bermuda call.
Cantor Fitzgerald is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $20 million
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Maturity: | April 17, 2015
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Coupon: | 0.55% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | March 22
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Settlement date: | April 17
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Underwriter: | Cantor Fitzgerald
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Cusip: | 313378UD1
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