Keybank sells $1.25 bln in FDIC-backed bonds

Δημοσιεύθηκε: 10 Δεκεμβρίου 2008 - 21:45

NEW YORK, Dec 10 (Reuters) - Keybank NA on Wednesday sold $1.25 billion in bonds that will be backed by the Federal Deposit Insurance Corp, said IFR, a Thomson Reuters publication.

The sale included $1 billion of three-and-a-half-year fixed rate debt priced at 211 basis points over comparable Treasuries, and $250 million in two-year debt priced at 65 basis points over the three-month London interbank offered rate, IFR said.

(Reporting by Karen Brettell; editing by Gary Crosse;) Keywords: KEYBANK BOND/

([email protected]; +1-646-223-6274; Reuters Messaging: [email protected])

The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.