FHLB sells $1 bln 2-yr global notes in reopening

NEW YORK, Oct 13 (BestGrowthStock) – The Federal Home Loan Bank
System said on Wednesday it sold $1.0 billion of two-year
global notes in a reopening of an existing 0.875 percent issue
via a Dutch auction.

The notes will mature on Aug. 22, 2012 and were priced at
100.8066 to yield 0.438 percent.

The bid-to-cover-ratio was 3.5 to one.

Settlement is Oct. 14.
(Reporting by Caryn Trokie; Editing by James Dalgleish)

FHLB sells $1 bln 2-yr global notes in reopening