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Published on 8/2/2016 in the Prospect News Agency DailyProspect News Investment Grade Daily.

FHLB intends to price three-year Global Notes on Wednesday

By Lisa Kerner

Charlotte, N.C., Aug. 2 – The Federal Home Loan Bank System is expected to price Global Notes due Aug. 5, 2019 on Wednesday, according to a news release.

Lead managers are Barclays, TD Securities (USA) LLC and Wells Fargo Securities LLC.

Seven co-managers and a distribution group will complete the syndication team.

Interest payments will be made semiannually on Aug. 5 and Feb. 5, beginning Feb. 5, 2017.

The government-sponsored banks for financial institutions are based in Washington, D.C.


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