New York, May 12 - Federal Home Loan Banks upsized to $25 million its sale of 0.75% initial rate three-year callable step up notes at par, according to the agency's web site.
The bonds will mature on May 21, 2018 and have a Bermuda call.
FHLB originally priced $15 million of the issue.
Cantor Fitzgerald and Stifel Nicolaus are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
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| Amount: | $25 million
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| Maturity: | May 21, 2018
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| Coupon: | 0.75% initial rate
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| Price: | Par
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| Call: | Bermuda call
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| Pricing date: | April 21
|
| Settlement date: | May 21
|
| Underwriters: | Cantor Fitzgerald and Stifel Nicolaus
|
| Cusip: | 3130A55A3
|
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