Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent

The following excerpt is from the company's SEC filing.

FHLBank Par ($)

1/19/2021

3130AKTN6

1/26/2021

10/26/2021

7/26/2021

Optional Principal Redemption

European

Fixed Constant

0.101 

200,000,000 

(1) Call/Amortization Type Description:

Optional Principal Redemption Bonds

(Callable Bonds) may be redeemed by the FHLBank in whole or in part at its discretion on predetermined call dates, according to the terms of the bond.

Indexed Amortizing Notes

(Indexed Principal Redemption Bonds) repay principal based on a predetermined amortization schedule or formula that is li nked to the level of a certain index, according to the terms of the bond.

Scheduled Amortizing Notes

repay principal based on a predetermined amortization schedule, according to the terms of the bond.

(2) Call Style Description:

Indicates whether the bond is redeemable at the option of the FHLBank, and if so redeemable, the type of redemption provision. The types of redemption provisions are:

American Bonds

are redeemable continuously on and after the first redemption date until maturity.

Bermudan Bonds

are redeemable on specified recurring dates on and after the first redemption date until maturity.

European Bonds

are redeemable on a particular date only.

Canary Bonds

are redeemable on specified recurring dates on and after the first redemption date until a specified date prior to maturity.

Multi-European Bonds

are redeemable on particular dates only.

(3) Rate Type Description:

Conversion Bonds

have coupons that convert from fixed to variable, or variable to fixed, or a mix of capped coupons and non-capped coupons, or from one variable type to another, or from one U.S. or other currency index to another, according to the terms of the bond.

Fixed Bonds

generally pay interest at constant fixed rates over the life of the bond, according to the terms of the bond.

Variable Bonds

may pay interest at different rates over the life of the bond, according to the terms of the bond.

(4) Rate Sub-Type Description:

Constant Bonds

generally pay interest at fixed rates over the life of the bond, according to the terms of the bond.

Step Down

bonds generally pay interest at decreasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.

Step Up

bonds generally pay interest at increasing fixed rates for specified intervals over the life of the bond, according to the terms of the bond.

Step Up/Down

bonds generally pay interest at various fixed rates for specified intervals over the life of the bond, according to the terms of the bond.

Capped Floater

bonds have an interest rate that cannot exceed a stated or calculated ceiling, according to the terms of the bond.

Stepped Floater

bonds pay interest based on an increasing spread over an index, according to the terms of the bond.

bonds may pay interest at different rates depending upon whether a specified index is inside or outside a specified range, according to the terms of the bond.

Single Index Floater Bonds

pay interest at a rate that increases as an index rises and decreases as an index declines, according to the terms of the bond.

Ratchet Floater

bonds pay interest subject to increasing floors, according to the terms of the bond, such that subsequent coupons may not be lower than the previous coupon.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

To receive a free e-mail notification whenever Federal Home Loan Bank of Indianapolis makes a similar move, sign up!

Other recent filings from the company include the following:

Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent - Jan. 27, 2022
Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent - Jan. 25, 2022
Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent - Jan. 20, 2022
Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent - Jan. 13, 2022
Federal Home Loan Bank of: Rate Type/ Rate Sub-Type Next Call/Amort Date Coupon Percent - Jan. 11, 2022

Auto Refresh

Feedback