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Published on 10/13/2010 in the Prospect News Agency Daily.

New Issue: FHLB prices $1 billion reopening of 0.875% two-year Global Notes to yield 0.438%

By Kenneth Lim

Boston, Oct. 13 - Federal Home Loan Banks priced a $1 billion reopening of 0.875% Global Notes due Aug. 22, 2012 on Wednesday to yield 0.438%.

The notes priced at 100.806614 through an auction.

There is now $4 billion outstanding in the note series.

The notes are non-callable.

Issuer:Federal Home Loan Banks
Issue:Global Notes reopening
Amount:$1 billion
Maturity:Aug. 22, 2012
Coupon:0.875%
Price:100.806614
Yield:0.438%
Call:Non-callable
Pricing date:Oct. 13
Settlement date:Oct. 14

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