Fannie Mae Prices New Issue 3-year Benchmark Notes(r) Due September 23, 2013

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5th August 2010, 04:04am - Views: 802






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MEDIA RELEASE PR40694




Fannie Mae Prices New Issue 3-Year Benchmark Notes(R) due September 23, 2013



WASHINGTON, Aug. 5 /PRNewswire-AsiaNet/ --



    The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):



                       3-Year

    Pricing Date       August 4, 2010

    Settlement Date    August 6, 2010

    Maturity Date      September 23, 2013

    Issue Size         US$7 billion

    Coupon             1.000%

    Price              99.825

    Yield              1.057%

    Payment Dates      Each September 23rd and March 23rd, beginning

                        September 23, 2010

    Spread             +23.5 basis points /1.000%  07/15/13 U.S. Treasury

    CUSIP              31398A2S0

    Listing            Application will be made to list the securities on the 

                        EuroMTF market of the Luxembourg Stock Exchange



    Banc of America Securities, J.P. Morgan & Co., and UBS Securities LLC are 

the joint lead managers. The co-managers include, Barclays Capital Inc., 

Blaylock Robert Van LLC, Credit Suisse Securities (USA) LLC, Jefferies & 

Company, Inc., Morgan Stanley & Co., and M.R. Beal & Company.


    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.


    Benchmark 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


 













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