Institutional New Issues

800 716-6510

December 13, 2019

NEW ISSUE OFFERINGS:

FHLB 1.85 12/18/23, 4 yr NC 1, cont; settles 12/18

FHLMC 1.85 3/23/23, 3.25 yr NC 6 mo, qtrly; settles 12/23

FHLB 1.82 12/23/22, 3 yr NC 6 mo, qtrly; settles 12/23

Bullet CDs (at par/100 unless designated)*

2y (24mo-35mo)

BMW 1.75 SEM 6/20/22; settles 12/20

Evergreen Bk 1.65 MON 1/20/22; settles 12/20

Evergreen Bk 1.65 MON 9/20/22; settles 12/20

FNB of America 1.60 MON 12/17/21; settles 12/17

Goldman Sachs Bk 1.75 SEM 12/20/21; settles 12/18

Lakeside Bk 1.65 MON 6/20/22; settles 12/20 NEW

Luana Savings Bk 1.60 SEM 12/27/21; settles 12/27

Maple Bk 1.60 MON 6/20/22; settles 12/20

Mechanics Bk 1.60 MON 12/27/21; settles 12/27

Merrick Bk 1.65 MON 12/17/21; settles 12/18

Morgan Stanley Bk NA 1.70 SEM 12/20/21; settles 12/19

Morgan Stanley Pvt Bk 1.75 SEM 12/20/21; settles 12/19

Preferred Bk (CA) 1.70 MON 12/31/21; settles 12/31 NEW

Sallie Mae Bk 1.75 SEM 12/20/21; settles 12/18

Stearns Bk NA 1.65 MON 6/20/22; settles 12/18

Stearns Bk NA 1.70 MON 7/18/22; settles 12/16

3y (36mo-47mo)

BMW 1.80 SEM 12/20/22; settles 12/20

Evergreen Bk 1.65 MON 12/20/22; settles 12/20

Goldman Sachs Bk 1.85 SEM 12/19/22; settles 12/19

Lakeside Bk 1.65 MON 12/20/22; settles 12/20 NEW

Live Oak Banking 1.75 MON 3/13/23; settles 12/13

Live Oak Banking 1.80 MON 9/13/22; settles 12/13

Morgan Stanley Bk NA 1.80 SEM 12/19/22; settles 12/19

Morgan Stanley Pvt Bk 1.85 SEM 12/19/22; settles 12/19

Sallie Mae Bk 1.85 SEM 12/19/22; settles 12/19

4y (48mo-59mo)

Lakeside Bk 1.70 MON 12/29/23; settles 12/30 NEW

Morgan Stanley Bk NA 1.85 SEM 12/19/23; settles 12/19

Morgan Stanley Pvt Bk 1.90 SEM 12/19/23; settles 12/19

5y (60mo)

Bank Forward 1.75 MON 12/18/24; settles 12/18

Merrick Bk 1.80 MON 12/18/24; settles 12/18

Morgan Stanley Bk NA 1.90 SEM 12/19/24; settles 12/19

Upper Peninsula St Bk 1.75 MON 12/27/24; settles 12/27 NEW

Callable CDs (at par/100 unless designated)*

2y (24mo-35mo)

JPMorgan Chase Bk 1.80 QTR 12/24/21, 2 yr NC 6 mo, qtrly; settles 12/24

Metabank 1.75 MON 12/20/21, 2 yr NC 3 mo, mo; settles 12/18

3y (36mo-47mo)

First Bk 1.75 MON 12/2022, 3 yr NC 3 mo, mo; settles 12/20

Goldman Sachs Bk 1.90 SEM 12/19/22, 3 yr NC 6 mo, mo; settles 12/18

JP Morgan Chase Bk 1.90 SEM 12/30/22, 3 yr NC 6 mo, s/a; settles 12/30 NEW

Security Fed Bk 1.75 MON 1/9/23, 3 yr NC 3 mo, mo; settles 1/8 NEW

Texas Security Bk 1.80 MON 12/20/22, 3 yr NC 3 mo, mo; settles 12/20

4y (48mo-59mo)

Goldman Sachs Bk 2.00 SEM 12/18/23. 4 yr NC 6 mo, mo; settles 12/18

Texas Security Bk 1.85 MON 12/20/23, 4 yr NC 3 mo, mo; settles 12/20

5y (60mo)

Goldman Sachs Bk 2.10 SEM 12/18/24, 5 yr NC 6 mo, mo; settles 12/18

Prime Alliance Bk 1.95 MON 12/20/24, 5 yr NC 3 mo, mo; settles 12/20

Security Fed Bk 1.90 MON 1/8/25, 5 yr NC 6 mo, mo; setltes 1/8 NEW

Silvergate Bk 2.10 MON 12/27/24, 5 yr NC 3 mo, mo; settles 12/27

Texas Security Bk 1.95 MON 12/27/24, 5 yr NC 6 mo, mo; settles 12/27

 

 

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

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.