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Published on 8/23/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $15 million four-year one-time callable step up notes at 0.75% initial rate

New York, Aug. 23 - Federal Home Loan Banks priced $15 million of 0.75% initial rate four-year one-time callable step up notes at par, according to the agency's web site.

The bonds will mature on Sept. 10, 2014 and are callable one time.

Mizuho Securities is the manager.

Issuer:Federal Home Loan Banks
Issue:Step up notes
Amount:$15 million
Maturity:Sept. 10, 2014
Coupon:0.75% initial rate
Price:Par
Call:One time
Pricing date:Aug. 23
Settlement date:Sept. 10
Underwriter:Mizuho Securities
Cusip:313370T99

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