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Published on 4/19/2016 in the Prospect News Agency DailyProspect News Structured Products Daily.

New Issue: FHLB upsizes to $50 million 10-year callable capped floaters

New York, April 19 - Federal Home Loan Banks upsized to $50 million its sale of 1.75% 10-year callable capped floaters at par, according to the agency's web site.

The bonds will mature on April 28, 2026 and have a Bermuda call.

FHLB originally priced $20 million of the issue.

Barclays Capital is the manager.

Issuer:Federal Home Loan Banks
Issue:Capped floaters
Amount:$50 million
Maturity:April 28, 2026
Coupon:Floating
Price:Par
Call:Bermuda call
Pricing date:April 7
Settlement date:April 28
Underwriter:Barclays Capital
Cusip:3130A7RY3

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