Capital One sells $1 bln credit card securities-IFR

NEW YORK, June 5 (Reuters) - Capital One (COF.N) on Friday sold $1 billion of asset-backed securities supported by credit card receivables, after increasing the deal from an original $500 million, IFR reported.

The credit card issuer priced the 1.997-year AAA-rated securities at eurodollar synthetic futures plus 150 basis points, said IFR, a Thomson Reuters service.

The deal was not eligible for the Federal Reserve's Term Asset-Backed Securities Loan Facility, or TALF, which was created to revive the ABS market and boost consumer lending.

Citigroup and Deutsche Bank were joint managers on the deal, with Banc of America Securities, Barclays, Credit Suisse, JPMorgan and Wachovia acting as co-managers.

On Thursday, Capital One sold $550 million of one-year AAA-rated ABS via Deutsche Bank and RBS Greenwich Capital at a spread of 110 basis points over one-month London Interbank Offered Rate, or LIBOR. (Reporting by Ciara Linnane; Editing by James Dalgleish)