FHLB talks new three-year Global Notes at 28 bps over Treasuries; size to be determined

By Kenneth Lim

Boston, Sept. 9 - Federal Home Loan Bank System plans to price new thee-year Global Notes on Thursday, with price talk at a spread of 28 basis points over Treasuries, market sources said.

The deal amount has not been set.

Citigroup, JPMorgan and UBS Securities are the lead managers, with HSBC Securities a senior co-manager.

FHLB is a government-sponsored enterprise that provides members with access to funds that are used to provide mortgage credit to homebuyers.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.