Published on 6/5/2012 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $35 million 10-year callable step up notes at 1% initial rate
New York, June 5 - Federal Home Loan Banks priced $35 million of 1% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on June 28, 2022 and have a Canary call.
JVB is the manager.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $35 million
|
| Maturity: | June 28, 2022
|
| Coupon: | 1% initial rate
|
| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | June 5
|
| Settlement date: | June 28
|
| Underwriter: | JVB
|
| Cusip: | 313379S42
|
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