New York, March 8 - Federal Home Loan Banks upsized to $25 million its sale of 0.875% initial rate three-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on March 28, 2014 and are callable one time.
FHLB originally priced $15 million of the issue.
WFIS and Stifel Nicolaus are the managers.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $25 million
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Maturity: | March 28, 2014
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Coupon: | 0.875% initial rate
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Price: | Par
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Call: | One time
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Pricing date: | March 3
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Settlement date: | March 28
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Underwriters: | WFIS and Stifel Nicolaus
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Cusip: | 313372WM2
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