Fannie Mae Forgoes Issuing Benchmark Notes On Its February 2, 2010 Announcement Date

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3rd February 2010, 07:28am - Views: 696





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MEDIA RELEASE PR38171


Fannie Mae Forgoes Issuing Benchmark Notes on its February 2, 2010 Announcement Date


WASHINGTON, Feb. 3 /PRNewswire-AsiaNet/ --


    Fannie Mae (NYSE: FNM) today announced that it will not utilize its first (February 2nd)

Benchmark Notes announcement date this month. As announced in our 2010 Benchmark

Securities Issuance Calendar, the company may forego any scheduled Benchmark Notes

issuance.


    Fannie Mae is a shareholder-owned company with a public mission. We exist 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:  Derek Lowe of Fannie Mae,

                        +1-202-752-2110

 








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