New Issue-National Rural sells $1 bln in 10-yr bonds

Oct 23 (Reuters) - National Rural Utilities Cooperative
Finance Corp (NRU.N), a lender to utilities in rural America,
on Thursday sold $1 billion of 10-year collateral trust bonds,
said IFR, a Thomson Reuters publication.

The size of the deal was increased from an originally
planned $500 million.

Deutsche Bank Securities, JP Morgan, and Merrill Lynch were
the active bookrunners for the sale. RBS Greenwich Capital was
a passive bookrunner.
BORROWER: NATIONAL RURAL UTILITIES
AMT $1 BLN COUPON 10.375 PCT MATURITY 11/1/2018
TYPE COLL TR BDS ISS PRICE 99.237 FIRST PAY 5/1/2009
MOODY'S A1 YIELD 10.5 PCT SETTLEMENT 10/30/2008
S&P A-PLUS SPREAD N/A PAY FREQ SEMI-ANNUAL
FITCH A-PLUS MORE THAN TREAS NON-CALLABLE