New York, Oct. 16 - Federal Home Loan Banks upsized to $60 million its sale of 1.25% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 26, 2022 and have a Bermuda call.
FHLB originally priced $50 million of the issue.
Morgan Stanley is the manager.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
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Amount: | $60 million
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Maturity: | Oct. 26, 2022
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Coupon: | 1.25% initial rate
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Price: | Par
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Call: | Bermuda call
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Pricing date: | Oct. 1
|
Settlement date: | Oct. 26
|
Underwriter: | Morgan Stanley
|
Cusip: | 313380WZ6
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