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Published on 4/6/2010 in the Prospect News Agency Daily.

FHLB's $3 billion three-year Global Notes talked at 30 bps over Treasuries, to price Wednesday

By Kenneth Lim

Boston, April 6 - Federal Home Loan Banks plans to price $3 billion of new three-year Global Notes on Wednesday, with price talk at a spread of 30 basis points over Treasuries, market sources said.

The talk was tightened from initial price talk of 32 bps over Treasuries.

Banc of America, Citigroup and UBS Securities are the lead managers.

The notes will be non-callable.


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