MEDIA RELEASE PR39840
Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due July 30, 2012
WASHINGTON, June 4 /PRNewswire/ --
The following is being issued by Fannie Mae (NYSE: FNM):
2-Year
Pricing Date June 3, 2010
Settlement Date June 7, 2010
Maturity Date July 30, 2012
Issue Size $5.0 billion
Coupon 1.125%
Price 99.975
Yield 1.137%
Payment Dates Each July 30(th) and January 30(th), beginning July 30,
2010
Spread +30 basis points /0.750% 05/31/12 U.S. Treasury
CUSIP 31398AT77
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Application will be made to list the
securities on the EuroMTF market of the
Listing Luxembourg Stock Exchange
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Banc of America Securities, Goldman Sachs & Co., and UBS Securities LLC are the joint
lead managers. The co-managers include, Citigroup Global Markets Inc., FTN Financial
Capital Markets, Loop Capital Markets, J.P. Morgan & Co., Nomura Securities
International Inc., and Samuel A. Ramirez & Co., Inc.
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.
Benchmak Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is
prohibited.
SOURCE: Fannie Mae
CONTACT: Katherine Constantinou of Fannie Mae
+1-202-752-5403 or
Resource Center: +1-800-732-6643