FHLB sets sale of new 2-yr notes at $3 bln -source

Thu Nov 12, 2009 10:29am EST
 
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NEW YORK, Nov 12 (Reuters) - The Federal Home Loan Bank System on Thursday set a size of $3 billion for its sale of new two-year global notes, said a market source familiar with the sale.

The notes will mature on Dec. 28, 2011 and are expected to be priced on Friday.

FHLB has hired Barclays, JP Morgan and UBS to manage the sale. (Reporting by Caryn Trokie; Editing by James Dalgleish)

 

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