FHLB plans to price offering of three-year Global Notes on Wednesday

By Devika Patel

Knoxville, Tenn., Nov. 15 – The Federal Home Loan Bank System is expected to price Global Notes due Nov. 15, 2019 on Wednesday, according to a news release.

Lead managers are Barclays, BofA Merrill Lynch and Nomura.

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

Interest payments will be made semiannually on May 15 and Nov. 15, beginning May 15, 2017.

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

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