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Category:  Press » Real Estate

 

Fannie Mae Announces Auction (Reopening) of 2-Year Benchmark Notes(R) due June 22, 2012

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         Views: 1870
2010-04-29 06:48:37     
Fannie Mae

The following is being issued by Fannie Mae ( FNM):

2-Year (Reopening)

Pricing/Auction Date
April 29, 2010

Settlement Date
May 3, 2010

Maturity Date
June 22, 2012

Issue Size/Reopen Size
$1 billion

Current Outstanding
$4 billion

Coupon
1.250%

Payment Dates
Each June 22nd and December 22nd, beginning June 22, 2010

CUSIP
31398AP71

Listing
Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange

Auction Time
10:30 a.m. - 11:00 a.m. EDT

Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.

You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.

Specialized in: Fannie Mae - Foreclosure Prevention - Foreclosure Avoidance - Mortgage Assistance - Making Home Affordable - Mortgage Modification - Refinance - Disclosure - Corporate Governance - Board Of Directors - Liquidity
URL: http://www.fanniemae.com
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