Institutional New Issues
March 5, 2021
800 716-6510
Please call or EMAIL with all inquiries, including corporates and munis.
NEW ISSUE OFFERINGS:
Agency MTNs (at par/100 unless designated)
FHLB 1.00 3/30/26, 5 yr NC 3 mo, qtrly; settles 3/30
FHLB 100 3/17/26, 5 yr NC 6 mo, qtrly; settles 3/17
FHLB 0.70 3/24/25, 4 yr NC 6 mo, qtrly; settles 3/24
FHLB 1.05 3/17/26, 5 yr NC 3mo, qtrly; settles 3/17
Bullet CDs (at par/100 unless designated)*
2y (24mo-35mo)
BMW Bk 0.20 SEM 9/12/23; settles 3/12
First General Bk 0.15 MON 12/18/23; settles 3/17
John Marshall Bk 0.10 MON 6/19/23; settles 3/19
John Marshall bk 0.15 MON 9/19/23; settles 3/19
John Marshall Bk 0.20 MON 12/19/23; settles 3/19
Parkway B&T 0.15 SEM 3/30/23; settles 3/30
Preferred Bk 0.15 MON 3/27/23; settles 3/25
State Bk of India NY 0.15 SEM 3/13/23; settles 3/12
3y (36mo-47mo)
BMW Bk 0.25 SEM 3/12/24; settles 3/12
Live Oak Banking 0.30 MON 3/18/24; settles 3/16
Live Oak Banking 0.35 MON 9/16/24; settles 3/16
Preferred Bk 0.25 MON 3/25/24; settles 3/25
TIAA FSB (FKA EverBank) 0.20 SEM 3/12/24; settles 3/12
4Y (48mo-59mo)
Alma Bk 0.35 MON 3/17/25; settles 3/17
Industrial & Commercial Bk of China (USA) 0.45 SEM 3/31/25; settles 3/31
Live Oak Banking 0.45 MON 3/17/25; settles 3/16
Live Oak Banking 0.55 MON 9/16/25; settles 3/16
State Bk of Ceylon 0.40 MON 9/26/25; settles 3/26
Union Bk, NC 0.40 MON 3/19/25; settles 3/19
5y (60mo)
Alma Bk 0.45 MON 3/17/26; settles 3/17
Bristol Morgan Bk 0.45 MON 3/10/26; settles 3/10
Commonwealth Business Bk 0.50 MON 3/13/26; settles 3/15
Continental Bk 0.45 SEM 3/26/26; settles 3/26
Enterprise Bk 0.50 MON 3/19/26; settles 3/19
Marathon Bk 0.50 MON 3/11/24; settles 3/10
Ponce Bk 0.50 MON 3/19/26; settles 3/19
State Bk of India 0.75 SEM 3/24/26; settles 3/24
Callable CDs (at par/100 unless designated)*
2y (24mo-35mo)
First Choice Bk 0.15 MON 9/18/23, 30 mo, NC 3, mo; settles 3/18
Synovus Bk GA 0.20 SEM 9/11/23, 2.5 yr NC 3 mo, qtrly; settles 3/11
3y (36mo-47mo)
Investors Community Bk 0.30 MON 3/18/24, 3 yr NC 3 mo, mo; settles 3/17
Synovus Bk 0.30 SEM 3/11/24, 3 yr NC 3 mo, qtrly; settles 3/11
United Community Bk KY 0.25 MON 3/15/24, 3 yr NC 6 mo, mo; settles 3/17
4y (48mo-59mo)
Investors Community Bk 0.50 MON 3/17/25, 4 yr NC 3 mo, mo; settles 3/17
Progrowth Bk MN 0.35 MON 3/10/25, 4 yr NC 6 mo, mo; settles 3/10
Progrowth Bk MN 0.40 MON 9/10/25, 54 mo NC 6 mo, mo; settles 3/10
Texas Exchange Bk 0.50 MON 3/12/25, 4 yr NC 3 mo, mo; settles 3/12
5y (60mo)
BMO Harris Bk NA 0.70 QTR 3/18/26, 5 yr NC 3 mo, qtrly; settles 3/18
First Reliance Bk 0.55 MON 3/17/26, 5 yr NC 3 mo, mo; settles 3/17
FNB of America 0.50 MON 3/10/26, 5 yr NC 1, mo; settles 3/10
Investors Community Bk 0.65 MON 3/24/26, 5 yr NC 3 mo, mo; settles 3/24
JPMorgan Chase 0.50 SEM 3/9/26, 5 yr NC 6 mo, s/a, step-up; settles 3/9. The coupon is 0.50 for 3 years; 0.75 for 1 year and 1.25 for 1 years. The IRR at 100=0.70; YTC (09/09/21)=0.50; YTW (09/09/22)=0.50.
Live Oak Banking 0.75 MON 3/16/26, 5 yr NC 1, mo; settles 3/16
Meridian Bk 0.65 MON 3/18/26, 5 yr NC 3 mo, mo; settles 3/18
Mountainone Bk, MA 0.55 SEM 3/11/26, 5 yr NC 6 mo, qtrly; settles 3/11
Mutual Savings 0.65 MON 3/19/26, 5 yr NC 6 mo, mo; settles 3/19
Texas Exchange Bk 0.65 MON 3/12/26, 5 yr NC 3 mo, mo; settles 3/12
EMAIL me for a faster response.
**American Express National Bank is the result of a merge between American Express FSB and American Express Centurion Bank...NOT separately insured from AXP FSB & AXP Centurion.
***State Bank of India, New York (FDIC Cert#33682) and State Bank fo India, Chicago, IL (FDIC Cert#33664) are branches of the same banking institution and do NOT receive separate FDIC insurance coverage.
*FDIC or NCUA insured to 250,000
ANN=Annual Interest Payments or Calls
CU=Credit Union
EXAMPLE: FHLB 5 yr NC 6 mo, mo, 5y maturity, non-callalbe for 6 months, then monthly calls
FEDL01=US Federal Funds Effective Rate
FCPR=Federal Reserve Bank Prime Loan Rate US
FCU=Federal Credit Union (Approved Municipalities Only)
IRR=Internal Rate of Return
MO or MON=Monthly Interest Payments or Calls
NC=Non call
ON=Overnight
QTR/QTRLY=Quarterly Interest Payments or Calls
S/A or SEM=Semi-Annual Interest Payments or Calls
SOFR=Secured Overnight Financing Rate
USTMMR=US Tresaury Money Market Rate
YTC=Yield to Call
YTW=Yield to Worst
This information is provided for institutional investors only. The information contained herein is based on sources and data believed to be reliable, but is not guaranteed. Information is provided by Bloomberg Professional. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration of qualification under the securities law of any such jurisdiction. Past performance is no guarantee of future results.