Fannie Mae Prices New Issue 2-year Benchmark Notes(r)

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9th October 2009, 08:22am - Views: 589






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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.


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    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)








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