New York, March 28 - Federal Home Loan Banks upsized to $25 million its sale of 0.625% initial rate 3.5-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 25, 2017 and have a Canary call.
FHLB originally priced $15 million of the issue.
WFS and Vining Sparks are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
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| Amount: | $25 million
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| Maturity: | Oct. 25, 2017
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| Coupon: | 0.625% initial rate
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| Price: | Par
|
| Call: | Canary call
|
| Pricing date: | March 26
|
| Settlement date: | April 25
|
| Underwriters: | WFS and Vining Sparks
|
| Cusip: | 3130A1J82
|
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