The Federal Farm Credit Funding Corp. sold a $1.5 billion three-year deal to yield 2%, 91 basis points over comparable Treasurys.

The issue was increased in size from $1.25 billion.

The CUSIP number for the deal is 31331GKY4 and settlement is scheduled for Jan. 16.

Lead managers for the bond were Barclays Capital, JP Morgan Securities Inc. and UBS Securities.

-By Anusha Shrivastava, Dow Jones Newswires; 201-938-2371; anusha.shrivastava@dowjones.com

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