What changed
The bank priced four fixed-rate constant bonds settling September 24 and September 30, 2026. The largest tranche is a $15,000,000 Bermudan callable bond maturing September 28, 2029. Two American callable tranches totaling $15,000,000 mature September 30, 2041 with a 6.3 coupon, and a $6,000,000 non-callable tranche maturing September 12, 2036 carries a 4.75 coupon.
Why it matters
The bank priced four fixed-rate constant bonds settling September 24 and September 30, 2026. The largest tranche is a $15,000,000 Bermudan callable bond maturing September 28, 2029. Two American calla