Published on 1/4/2013 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $50 million six-year callable step down notes at 3% initial rate
New York, Jan. 4 - Federal Home Loan Banks priced $50 million of 3% initial rate six-year callable step down notes at par, according to the agency's web site.
The bonds will mature on Jan. 28, 2019 and have a Bermuda call.
Morgan Stanley is the manager.
Issuer: | Federal Home Loan Banks
|
Issue: | Step down notes
|
Amount: | $50 million
|
Maturity: | Jan. 28, 2019
|
Coupon: | 3% initial rate
|
Price: | Par
|
Call: | Bermuda call
|
Pricing date: | Jan. 4
|
Settlement date: | Jan. 29
|
Underwriter: | Morgan Stanley
|
Cusip: | 313381SY2
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.