Fannie Mae Prices New Issue 2-year Benchmark Notes(r) Due July 30, 2012

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4th June 2010, 04:10am - Views: 850






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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

    -----               ---------

                        Application will be made to list the

                        securities on the EuroMTF market of the

    Listing             Luxembourg Stock Exchange

    -------             ---------------------------------------


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















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