Published on 3/20/2015 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $35 million five-year callable step up notes at 1.375% initial rate
New York, March 20 - Federal Home Loan Banks priced $35 million of 1.375% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 15, 2020 and have a Bermuda call.
Vining Sparks and Southwest Securities are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $35 million
|
| Maturity: | April 15, 2020
|
| Coupon: | 1.375% initial rate
|
| Price: | Par
|
| Call: | Bermuda call
|
| Pricing date: | March 19
|
| Settlement date: | April 15
|
| Underwriters: | Vining Sparks and Southwest Securities
|
| Cusip: | 3130A4RU8
|
|
|
© 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.
