Published on 4/26/2010 in the Prospect News Agency Daily.
New Issue: FHLB prices $15 million five-year one-time callable step up notes at 1.5% initial rate
New York, April 26 - Federal Home Loan Banks priced $15 million of 1.5% initial rate five-year one-time callable step up notes at par, according to the agency's web site.
The bonds will mature on May 18, 2015 and are callable one time.
Fidelity 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: | May 18, 2015
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| Coupon: | 1.5% initial rate
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| Price: | Par
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| Call: | One time
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| Pricing date: | April 26
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| Settlement date: | May 18
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| Underwriter: | Fidelity
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