New Issue: FHLBank prices $1.1 billion of 2.75% two-year Global bonds at 99.768

By Devika Patel

Knoxville, Tenn., June 9 – The Federal Home Loan Bank System announced that it priced $1.1 billion of 2.75% two-year Global bonds at 99.768 with a spread of 5 basis points over Treasuries.

The bonds will yield 2.867%.

FHN Financial Capital Markets, Goldman Sachs & Co. LLC and Nomura Securities International, Inc. are the bookrunners.

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:	$1.1 billion
Issue:	Global bonds
Maturity:	June 28, 2024
Bookrunners:	FHN Financial Capital Markets, Goldman Sachs & Co. LLC and Nomura Securities International, Inc.
Co-managers:	Academy Securities, Inc., BNY Mellon Capital Markets, LLC, BofA Securities, Inc. and Siebert Williams Shank & Co., LLC
Coupon:	2.75%
Price:	99.768
Yield:	2.867%
Spread:	Treasuries plus 5 bps
Trade date:	June 9
Settlement date:	June 10
Cusip:	3130ASDS5

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