What changed
The Federal Home Loan Bank of Pittsburgh issued three fixed-rate constant bonds totaling $15,000,000 in par value. The issuance includes a $5,000,000 bond maturing 8/17/2046 with a 5.97% coupon and a $5,000,000 bond maturing 8/17/2046 with a 5.95% coupon, both callable beginning 2/17/2027. A third $5,000,000 non-callable bond matures 9/12/2036 with a 4.75% coupon.
Why it matters
The Federal Home Loan Bank of Pittsburgh issued three fixed-rate constant bonds totaling $15,000,000 in par value. The issuance includes a $5,000,000 bond maturing 8/17/2046 with a 5.97% coupon and a