New Issue Offerings 4/6/2018

Transcription

1 CU Investment Solutions, LLC Brady McLeod, Registered Representative Walter Thompson, Registered Representative Julie Chapin, Registered Representative Chris Hageman, Registered Representative Call New Issue Offerings 4/6/2018 Fixed Rate Callables Issuer Cusip Coupon Maturity Call Date Price Years To Maturity Lockout in Months Call Frequency Settle Date Treas YTM YTC FREDDIE MAC 3134GSHT /30/2020 7/30/ Quarterly 4/30/ FREDDIE MAC 3134GSHS /19/2021 7/19/ Quarterly 4/19/ FEDERAL FARM CREDIT BANK 3133EJKC /9/2021 7/9/ Anytime 4/9/ FARMER MAC 3132X0S /12/2021 4/12/ Semi-Annual 4/12/ FEDERAL HOME LOAN BANK 3130ADWZ /26/ /26/ Quarterly 4/26/ FEDERAL FARM CREDIT BANK 3133EJKZ /12/2022 7/12/ Anytime 4/12/ FEDERAL FARM CREDIT BANK 3133EJKK /10/2023 4/10/ Anytime 4/10/ FREDDIE MAC 3134GSHW /26/ /26/ Quarterly 4/26/ FREDDIE MAC 3134GSJC /27/2023 7/27/ Quarterly 4/27/ FEDERAL FARM CREDIT BANK 3133EJKD /9/2024 7/9/ Anytime 4/9/ FEDERAL FARM CREDIT BANK 3133EJKV /13/2025 7/13/ Anytime 4/13/ FEDERAL FARM CREDIT BANK 3133EJLF /12/2028 4/12/ Anytime 4/12/ FEDERAL FARM CREDIT BANK 3133EJKL /11/2033 4/11/ Anytime 4/11/ Step-Up Rate Callables Issuer Cusip Coupon Maturity Call Date Price Years To Maturity Lockout in Months Call Frequency Settle Date Treas YTM YTC FREDDIE MAC 3134GSJL /26/2023 7/26/ Quarterly 4/26/ FREDDIE MAC 3134GSJF /27/2023 7/27/ Quarterly 4/27/ All securities are offered through CU Investment Solutions LLC (ISI). The home office of ISI is located at 8500 W. 110th St., Overland Park, KS ISI is registered with the Securities and Exchange Commission (SEC) as a broker-dealer under the Securities Exchange Act of ISI also is registered in the state of Kansas as an investment advisor. Member of FINRA and SIPC. All investments carry risk; please speak with your representative to gain a full understanding of said risks. Securities offered by ISI are not insured by the FDIC or NCUSIF and may lose value. All opinions, prices and yields are subject to change without notice.

2 CU Investment Solutions, LLC Brady McLeod, Registered Representative Walter Thompson, Registered Representative Julie Chapin, Registered Representative Chris Hageman, Registered Representative Call Indicative Offerings - Mortgage-Backed Securities 4/6/2018 Issue FN MA3285 FN MA3132 FG G18680 FG G18470 FG G18677 FN MA2149 FG G18682 FN AB2252 FG C91859 FN BM3089 Issue FNR LC FNR EY FNR HC FNR CA FHR 4740 CA FNR MA FHR 4253 PA FHR 4655 HA Coupon WAL Yield I Spread Price MBS Pools Principal Type OAS Current Face Cusip 05/18-10/27 10 Year 6.8 6,687, CUK8 05/18-04/27 10 Year ,834, CPS7 05/18-12/32 15 Year ,357, MMXJ7 05/18-11/27 15 Year 5.0 6,487, MMQY2 05/18-12/32 15 Year ,848, MMXF5 05/18-06/29 15 Year 9.7 6,878, BL79 05/18-11/32 15 Year ,798, MMXL2 05/18-05/25 15 Year ,153, XQE3 05/18-09/35 20 Year ,988, P8B /18-04/37 20 Year ,669, J7NF8 CMOs Coupon WAL Yield I Spread Price FMED U300 % Principal Type OAS Current Face Cusip % 05/18-07/27 EXCH,AD ,726, A4YS % 05/18-09/27 SEQ ,899, APEH % 05/18-03/29 EXCH, ,741, ALZZ % 05/18-10/27 SEQ ,385, AVJ % 05/18-05/27 SEQ ,031, FCC % 05/18-06/26 AD,PAC ,000, B1NG % 05/18-07/24 SC, ,209, B4KW % 05/18-06/27 SEQ 8.3 2,565, BVEH5 All securities are offered through CU Investment Solutions LLC (ISI). The home office of ISI is located at 8500 W. 110th St., Overland Park, KS ISI is registered with the Securities and Exchange Commission (SEC) as a brokerdealer under the Securities Exchange Act of ISI also is registered in the state of Kansas as an investment advisor. Member of FINRA and SIPC. All investments carry risk; please speak with your representative to gain a full understanding of said risks. Securities offered by ISI are not insured by the FDIC or NCUSIF and may lose value. All opinions, prices and yields are subject to change without notice.

3 CU Investment Solutions, LLC Brady McLeod, Registered Representative Walter Thompson, Registered Representative Julie Chapin, Registered Representative Chris Hageman, Registered Representative Call Secondary Offerings 4/6/2018 Callables Issuer Coupon Maturity Call Date Call Type Price YTC YTM Treas Cusip FREDDIE MAC /28/2020 5/28/2018 Quarterly GBD33 FEDERAL HOME LOAN BANK /25/2021 7/25/2018 Anytime ADD90 FEDERAL FARM CREDIT BANK /14/2022 4/13/2018 Anytime EGLZ6 FEDERAL HOME LOAN BANK /29/2022 4/13/2018 Anytime A9M40 FEDERAL FARM CREDIT BANK /30/2023 4/30/2018 Anytime EJAZ2 Bullets Issuer Coupon Maturity Price Yield Treas Benchmark Cusip FEDERAL FARM CREDIT BANK /13/ T 2 1/4 03/31/ EJKY4 FEDERAL HOME LOAN BANK /6/ T 2 1/4 03/31/ ADXQ0 FEDERAL FARM CREDIT BANK /17/ T 2 1/4 03/31/ ECZY3 FANNIE MAE /24/ T 2 3/8 03/15/ G15P0 FEDERAL HOME LOAN BANK /29/ T 2 3/8 03/15/ A0TK6 FEDERAL HOME LOAN BANK /12/ T 2 3/8 03/15/ A0XD7 FANNIE MAE /5/ T 2 3/8 03/15/ G0S38 FEDERAL HOME LOAN BANK /11/ T 2 3/8 03/15/ A1B80 FEDERAL FARM CREDIT BANK /1/ T 2 1/2 03/31/ EHLH4 FANNIE MAE /5/ T 2 1/2 03/31/ G0T78 FEDERAL FARM CREDIT BANK /16/ T 2 1/2 03/31/ EJGU7 FANNIE MAE /19/ T 2 1/2 03/31/ G0T94 FEDERAL HOME LOAN BANK /10/ T 2 1/2 03/31/ ADRG9 FEDERAL FARM CREDIT BANK /11/ T 2 1/2 03/31/ EJKN8 All securities are offered through CU Investment Solutions LLC (ISI). The home office of ISI is located at 8500 W. 110th St., Overland Park, KS ISI is registered with the Securities and Exchange Commission (SEC) as a broker-dealer under the Securities Exchange Act of ISI also is registered in the state of Kansas as an investment advisor. Member of FINRA and SIPC. All investments carry risk; please speak with your representative to gain a full understanding of said risks. Securities offered by ISI are not insured by the FDIC or NCUSIF and may lose value. All opinions, prices and yields are subject to change without notice.

4 ub CU-ISI Step-Up Offerings April 06, :54 AM # TERMS COUPON ISSUER MATURITY CUSIP PRICE YTC YTW YTM +300 Decline SETTLEMENT y/3m,q STEP FHLMC 4/26/ GSJL % 2.250% 3.510% % 4/26/2018 STEP DETAILS: to 10/18; 3.05% to 10/20; 4% to 10/22; 5% to 4/ y/3m,q STEP FHLMC 4/27/ GSJF % 2.250% 3.456% % 4/27/2018 STEP DETAILS: to 10/18; 2.5% to 4/19; 2.75% to 10/19; 3% to 4/20; 3.25% to 4/21; 4% to 4/22; 5% to 4/ All opinions, prices, and yields are subject to change without notice. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities. This research report is prepared for general circulation and is circulated for general information only. The report does not consider the specific investment objectives, financial situation and particular needs of any specific person who may receive this report. Investors should understand that statements regarding future prospects might not be realized. Please contact ISI to discuss your specific situation and objectives.

5 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan % 2.65% 2.73% 2.78% 2.82% 2.85% 2.87% 2.89% 2.98% 3.06% 3.13% 3.19% 3.24% 3.29% 3.33% 3.36% 3.44% # TERMS COUPON ISSUER MATURITY CUSIP PRICE YTC YTW YTM +300 Decline SETTLEMENT y/3m,q STEP FHLMC 4/26/ GSJL % 2.250% 3.510% % 4/26/2018 STEP DETAILS: to 10/18; 3.05% to 10/20; 4% to 10/22; 5% to 4/23 CUSIP3134GSJL0 Settle4/26/ % Price ## Coup STEP Matu4/26/2023 Term % OFFERING #1 DETAILS 4.000% 3.000% 2.000% 1.000% 0.000% Coupon Callable Yield

6 Apr-18 Jul-18 Oct-18 Jan-19 Apr-19 Jul-19 Oct-19 Jan-20 Apr-20 Jul-20 Oct-20 Jan-21 Apr-21 Jul-21 Oct-21 Jan-22 Apr-22 Jul-22 Oct-22 Jan % 2.37% 2.45% 2.50% 2.57% 2.62% 2.69% 2.74% 2.79% 2.82% 2.91% 2.98% 3.05% 3.10% 3.21% 3.30% 3.38% # TERMS COUPON ISSUER MATURITY CUSIP PRICE YTC YTW YTM +300 Decline SETTLEMENT y/3m,q STEP FHLMC 4/27/ GSJF % 2.250% 3.456% % 4/27/2018 STEP DETAILS: to 10/18; 2.5% to 4/19; 2.75% to 10/19; 3% to 4/20; 3.25% to 4/21; 4% to 4/22; 5% to 4/23 CUSIP3134GSJF3 Settle4/27/ % Price ## Coup STEP Matu4/27/2023 Term % OFFERING #2 DETAILS 4.000% 3.000% 2.000% 1.000% 0.000% Coupon Callable Yield