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Published on 1/20/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $1 billion reopening of 1% Global Notes due December 2011 to yield 0.97%

By Kenneth Lim

Boston, Jan. 20 - Federal Home Loan Banks priced a $1 billion reopening of its 1% Global Notes due Dec. 28, 2011 to yield 0.97% on Wednesday, according to a press release.

The notes were sold at 100.057 through an auction. The bid-to-cover ratio was 3.8 times.

The notes are non-callable.

Issuer:Federal Home Loan Banks
Issue:Global Notes reopening
Amount:$1 billion
Maturity:Dec. 28, 2011
Coupon:1%
Price:100.057
Yield:0.97%
Call protection:Non-callable
Pricing date:Jan. 20
Settlement date:Jan. 21

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