FHLB launches new $3 bln 2-year global debt - IFR

Thu Jan 24, 2013 9:25am EST

Jan 24 (Reuters) - The Federal Home Loan Bank System on Thursday launched its sale of $3 billion of new two-year global debt, said IFR, a Thomson Reuters service.

The issue, due Feb. 20, 2015, was launched at 5 basis points over comparable U.S. Treasuries through lead managers Deutsche Bank, JP Morgan, and Morgan Stanley.

Pricing is expected later on Thursday.

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