FHLBanks Price SOFR-Linked Bond
December 18, 2018
December 18, 2018
WASHINGTON, Dec. 18 -- The Federal Home Loan Bank System's Office of Finance issued the following news release:
The Office of Finance announced today that the Federal Home Loan Banks (FHLBanks) have priced a $4 billion, six-month maturity bond linked to the Secured Overnight Financing Rate (SOFR), which has been identified by the Federal Reserve's Alternative Reference Rates Committee as its recommended alternative to U.S. Dollar LIBOR.
Today's SOFR offering was led by . . .
The Office of Finance announced today that the Federal Home Loan Banks (FHLBanks) have priced a $4 billion, six-month maturity bond linked to the Secured Overnight Financing Rate (SOFR), which has been identified by the Federal Reserve's Alternative Reference Rates Committee as its recommended alternative to U.S. Dollar LIBOR.
Today's SOFR offering was led by . . .