FHLB to price $3 billion of three-year global bonds on Thursday

By Lisa Kerner

Charlotte, N.C., May 27 - Federal Home Loan Banks announced it will price a new $3 billion three-year global bond on Thursday.

The bond will mature on June 20, 2012.

Lead managers for the issue are Bank of America, JP Morgan and UBS Securities.

Senior co-manager for the issue will be FTN Financial Capital Markets.

Rounding out the syndication team will be nine co-managers and a distribution group, said FHLB.

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