New York, April 4 - Federal Home Loan Banks upsized to $55 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 April 27, 2022 and have a Canary call.
FHLB originally priced $45 million of the issue.
Amherst and JVB are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $55 million
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Maturity: | April 27, 2022
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Coupon: | 1.25% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | March 28
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Settlement date: | April 27
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Underwriters: | Amherst and JVB
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Cusip: | 313378VN8
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