New York, April 19 - Federal Home Loan Banks upsized to $150 million its sale of 0.75% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 10, 2017 and have a Bermuda call.
FHLB originally priced $125 million of the issue.
JPMorgan and Southwest Securities are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
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| Amount: | $150 million
|
| Maturity: | May 10, 2017
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| Coupon: | 0.75% initial rate
|
| Price: | Par
|
| Call: | Bermuda call
|
| Pricing date: | April 12
|
| Settlement date: | May 10
|
| Underwriters: | JPMorgan and Southwest Securities
|
| Cusip: | 3133793A5
|
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