FHLBank System to price two-year global note offering Thursday

By Cristal Cody

Eureka Springs, Ark., Aug. 24 – The Federal Home Loan Bank System is marketing a new two-year Global Note set to price on Thursday, according to a news release.

The bonds will be due Oct. 1, 2018.

BofA Merrill Lynch, Nomura Securities International, Inc. and Wells Fargo Securities LLC are the lead managers. The syndication team includes seven co-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.

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