New York, April 14 - Federal Home Loan Banks upsized to $75 million its sale of 1.75% initial rate four-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on April 30, 2014 and are callable one time.
FHLB originally priced $60 million of the issue.
Morgan Keegan and Vining Sparks are the managers.
| Issuer: | Federal Home Loan Banks
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| Issue: | Step up notes
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| Amount: | $75 million
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| Maturity: | April 30, 2014
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| Coupon: | 1.75% initial rate
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| Price: | Par
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| Call: | One time
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| Pricing date: | April 13
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| Settlement date: | April 30
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| Underwriters: | Morgan Keegan and Vining Sparks
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