FHLB sells $3 bln new 2-year global notes

NEW YORK | Fri Nov 13, 2009 9:34am EST

NEW YORK Nov 13 (Reuters) - The Federal Home Loan Bank System said on Friday it sold $3 billion of new two-year global notes.

The 1.00 percent notes were priced at 99.767 to yield 1.112 percent of 29 basis points over comparable U.S. Treasuries.

The joint lead managers on the sale were Barclays, JP Morgan and UBS.

According to preliminary distribution data, 71 percent of the notes were purchased in the United States, 19 percent went to Asia, 9 percent were bought by other/unknown, while Europe purchased 1 percent, FHLB said in a press release. (Reporting by Caryn Trokie; Editing by James Dalgleish)

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