MEDIA RELEASE PR36483
Fannie Mae Prices New Issue 2-Year Benchmark Notes(R)
WASHINGTON, Oct. 9 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (NYSE: FNM):
2-Year
Pricing Date October 8, 2009
Settlement Date October 9, 2009
Maturity Date November 23, 2011
Issue Size $5 billion
Coupon 1.000%
Price 99.758
Yield 1.116%
Payment Dates Each November 23rd and May 23rd, beginning November 23,
2009
Spread +24 basis points / 1.000%
09/30/11 U.S. Treasury
CUSIP 31398AZN5
Listing Application will be made to list the securities on the
EuroMTF market of the Luxembourg Stock Exchange
Banc of America Securities, Citigroup Global Markets Inc., and J.P. Morgan & Co.
are the joint lead managers. The co-managers include Barclays Capital Inc., FTN
Financial Capital Markets, Goldman Sachs & Co., Mischler Financial Group, and S.A.
Ramirez & Co., Inc.
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: Latressa Cox of Fannie Mae, +1-202-752-6707
(FNM)