New York, July 24 - Federal Home Loan Banks upsized to $100 million its sale of 0.625% initial rate four-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on July 30, 2018 and are callable one time.
FHLB originally priced $35 million of the issue.
RBC Capital Markets, Stifel Nicolaus and BMO Capital Markets Corp. are the managers.
| Issuer: | Federal Home Loan Banks
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| Issue: | Step up notes
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| Amount: | $100 million
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| Maturity: | July 30, 2018
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| Coupon: | 0.625% initial rate
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| Price: | Par
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| Call: | One time
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| Pricing date: | July 9
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| Settlement date: | July 30
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| Underwriters: | RBC Capital Markets, Stifel Nicolaus and BMO Capital Markets Corp.
|
| Cusip: | 3130A2LR5
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