Published on 7/11/2013 in the Prospect News Agency DailyProspect News Structured Products Daily.
New Issue: FHLB prices $15 million 10-year callable step up notes at 2.25% initial rate
New York, July 11 - Federal Home Loan Banks priced $15 million of 2.25% initial rate 10-year callable step up notes at par, according to the agency's web site.
The bonds will mature on July 24, 2023 and have a Canary call.
Hapoalim Securities is the manager.
Issuer: | Federal Home Loan Banks
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Issue: | Step up notes
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Amount: | $15 million
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Maturity: | July 24, 2023
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Coupon: | 2.25% initial rate
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Price: | Par
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Call: | Canary call
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Pricing date: | July 11
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Settlement date: | July 24
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Underwriter: | Hapoalim Securities
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Cusip: | 313383RB9
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