FFCB sells $1.6 bln 3-year designated bonds
NEW YORK, June 12 (Reuters) - The Federal Farm Credit Banks Funding Corp (FFCB) said on Friday it sold $1.6 billion in three-year designated bonds through the Federal Farm Credit Banks Consolidated Systems Bond Program.
The 2.125 percent bonds were priced at 99.760 to yield 2.208 percent or 32 basis points over comparable U.S. Treasuries.
FFCB hired Barclays, HSBC and Morgan Stanley to manage the sale. (Reporting by Caryn Trokie; Editing by Kenneth Barry)
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