Published on 3/30/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million eight-year callable step up notes at 1.5% initial rate
New York, March 30 - Federal Home Loan Banks priced $15 million of 1.5% initial rate eight-year callable step up notes at par, according to the agency's web site.
The bonds will mature on April 29, 2024 and have a Bermuda call.
BNYM and RBC Capital Markets are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $15 million
|
Maturity: | April 29, 2024
|
Coupon: | 1.5% initial rate
|
Price: | Par
|
Call: | Bermuda call
|
Pricing date: | March 30
|
Settlement date: | April 29
|
Underwriters: | BNYM and RBC Capital Markets
|
Cusip: | 3130A7PJ8
|
|
© 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.