Fannie Mae Prices New Issue 5-year Benchmark Notes(r) 2

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14th May 2009, 07:00am - Views: 654





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Fannie Mae Prices New Issue 5-Year Benchmark Notes(R)


WASHINGTON, May 14 /PRNewswire-AsiaNet/ --


    The following is being issued by Fannie Mae (NYSE: FNM):


                    5-Year

    Pricing Date    May 13, 2009

    Settlement Date May 15, 2009

    Maturity Date   May 15, 2014

    Issue Size      $5 billion

    Coupon          2.500%

    Price           99.855

    Yield           2.531%

    Payment Dates   Each May 15th and November 15th, beginning November 15,

                    2009

    Spread          +56 basis points / 1.875%

                    04/30/14 U.S. Treasury

    CUSIP           31398AXJ6

    Listing         Application will be made to list the securities on the

                    EuroMTF market of the Luxembourg Stock Exchange


    Barclays Capital Inc., Deutsche Bank Securities Inc., and J.P. Morgan &

Co. are the joint lead managers. The co-managers include Blaylock Robert Van,

LLC, FTN Financial Capital Markets, Morgan Stanley & Co., and UBS Securities

LLC.


    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)

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