The Federal Home Loan Banks have priced a $3 billion, 4.500%, two-year global bond due Oct. 9, 2009, according to the FHLBanks' Office of Finance.The issue (CUSIP: 3133XMD40) was priced at 99.994 to yield 4.501%, or 56 basis points higher than comparable Treasury notes. The settlement date is Sept. 14. Deutsche Bank, RBS Greenwich, and Merrill Lynch are the joint lead managers for the transaction.
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Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
32m ago -
Mike Kortas, CEO of NEXA, alleges he fired his former co-owner, Mat Grella, because he added himself as a "new manager" of the company in a filed amendment to the company's articles of organization.
2h ago -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
4h ago -
Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
May 6 -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
May 6 -
Gary Farro's testimony focused on both the banking activity of Michael Cohen, a former Trump attorney who paid $130,000 to an adult film actress in 2016, and First Republic Bank's due diligence work.
May 5