FHLB talks $3 billion of two-year Global Notes at 17 bps over Treasuries for Wednesday

By Kenneth Lim

Boston, Feb. 15 - Federal Home Loan Banks plans to price $3 billion of new two-year Global Notes on Wednesday, talked at a tightened spread of 17 basis points over Treasuries, market sources said.

Price talk was initially set at 18 bps over Treasuries.

Citigroup Global Markets, Morgan Stanley and UBS Securities are the lead managers, with BNP Paribas Securities as the senior co-manager.

The notes will be non-callable.

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