MEDIA RELEASE PR40673
Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(R) Due September
23, 2013 and Auction (Reopening) of 5-Year Benchmark Notes(R) Due July 28, 2015
WASHINGTON, Aug. 4 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA)
3-Year 5-Year (Reopening)
Pricing/Auction
Date August 4, 2010 August 3, 2010
Settlement Date August 6, 2010 August 5, 2010
Maturity Date September 23, 2013 July 28, 2015
Issue Size/
Reopen Size TBD $1 billion
Current
Outstanding N/A $3 billion
Coupon TBD 2.375%
Payment Dates Each September 23rd and Each July 28th and January
March 23rd, beginning 28th, beginning January 28,
September 23, 2010 2011
CUSIP 31398A2S0 31398AU34
Listing Application will be made Application will be made
to list the securities to list the securities
on the EuroMTF market of on the EuroMTF market of
the Luxembourg Stock the Luxembourg Stock
Exchange Exchange
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Auction Time N/A 10:30 a.m. - 11:00 a.m. EDT
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For the new issue, Banc of America Securities, J.P. Morgan & Co., and UBS
Securities LLC are the joint lead managers. The co-managers include, Barclays
Capital Inc., Blaylock Robert Van LLC, Credit Suisse Securities (USA) LLC,
Jefferies & Company, Inc., Morgan Stanley & Co., and M.R. Beal & Company.
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.
SOURCE: Fannie Mae
CONTACT: Katherine Constantinou
Fannie Mae
+1-202-752-5403