FHLB's $3 billion three-year Global Notes talked at 18.5 bps over Treasuries, to price Thursday

By Kenneth Lim

Boston, April 13 - Federal Home Loan Banks plans to price $3 billion of three-year Global Notes on Thursday, talked at a tightened spread of 18.5 basis points over Treasuries, market sources said.

Price talk was initially set at a spread of 19 bps over Treasuries.

Barclays Capital Inc., Goldman Sachs & Co. and J.P. Morgan Securities LLC are the lead managers.

The notes will be non-callable.

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