FHLB talks $3 billion two-year Global Notes at 24 bps over Treasuries; pricing set for Thursday

By Kenneth Lim

Boston, June 16 - Federal Home Loan Banks plans to price $3 billion of new two-year Global Notes on Thursday, talked at a spread of 24 basis points over Treasuries.

Price talk was initially set at 26 bps over Treasuries, but it was tightened in the afternoon.

Credit Suisse, Deutsche Bank and UBS Securities are the lead managers of the offering.

The notes will be non-callable.

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