New York, Aug. 4 - Federal Home Loan Banks upsized to $25 million its sale of 1.25% initial rate five-year callable step up notes at par, according to the agency's web site.
The bonds will mature on Aug. 26, 2020 and have a Bermuda call.
FHLB originally priced $15 million of the issue.
JVB and MBS are the managers.
Issuer: | Federal Home Loan Banks
|
Issue: | Step up notes
|
Amount: | $25 million
|
Maturity: | Aug. 26, 2020
|
Coupon: | 1.25% initial rate
|
Price: | Par
|
Call: | Bermuda call
|
Pricing date: | July 31
|
Settlement date: | Aug. 26
|
Underwriters: | JVB and MBS
|
Cusip: | 3130A66K8
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.