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Published on 9/9/2021 in the Prospect News Agency DailyProspect News Investment Grade Daily.

New Issue: FHLBank prices $1 billion of 0.218% two-year Global bonds at 99.788

Chicago, Sept. 9 – The Federal Home Loan Bank System announced that it priced $1 billion of 0.218% two-year Global bonds at 99.788 with a spread of 1.5 basis points over Treasuries.

The bonds will yield 0.233%.

BofA Securities, Inc., Loop Capital Markets LLC, and Wells Fargo Securities, LLC are the lead managers.

FHLBank System is a Washington, D.C.-based government-sponsored enterprise that provides member financial institutions funding support for mortgage lending and community investment.

Issuer:Federal Home Loan Bank System
Amount:$1 billion
Description:Global bond
Maturity:Aug. 28, 2023
Bookrunners:BofA Securities, Inc., Loop Capital Markets LLC, and Wells Fargo Securities, LLC
Coupon:0.218%
Price:99.788
Yield:0.233%
Spread:Treasuries plus 1.5 bps
Trade date:Sept. 9
Settlement date:Sept. 10
Cusip:3130ANYM6

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