New York, April 13 - Federal Home Loan Banks upsized to $30 million its sale of 1.5% initial rate 8.5-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Oct. 30, 2020 and have a Bermuda call.
FHLB originally priced $15 million of the issue.
Bank of New York Mellon and Amherst are the managers.
| Issuer: | Federal Home Loan Banks
|
| Issue: | Step up notes
|
| Amount: | $30 million
|
| Maturity: | Oct. 30, 2020
|
| Coupon: | 1.5% initial rate
|
| Price: | Par
|
| Call: | Bermuda call
|
| Pricing date: | April 10
|
| Settlement date: | April 30
|
| Underwriters: | Bank of New York Mellon and Amherst
|
| Cusip: | 313378ZM6
|
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