FHLBank System to skip January global notes offering, next opportunity Feb. 13

By Cristal Cody

Eureka Springs, Ark., Jan. 19 – The Federal Home Loan Bank System announced on Thursday that it will not issue or reopen a Global Note on the scheduled Jan. 19 calendar date.

The next opportunity to issue a Global Note will be on Feb. 13, according to the news release.

On the predetermined dates, FHLBank has the option of issuing a new Global Note, reopening an existing issue or deferring until the next scheduled opportunity.

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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