Published on 7/7/2014 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million five-year callable step up notes at 1% initial rate
New York, July 7 – Federal Home Loan Banks priced $15 million of 1% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 29, 2019 and have a Bermuda call.
Cantor Fitzgerald and Societe Generale Americas Securities LLC are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $15 million
|
Maturity: | July 29, 2019
|
Coupon: | 1% initial rate
|
Price: | Par
|
Call: | Bermuda call
|
Pricing date: | July 7
|
Settlement date: | July 29
|
Underwriters: | Cantor Fitzgerald and Societe Generale Americas Securities LLC
|
Cusip: | 3130A2KW5
|
|
|
© 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.