Fannie Mae Redemption 178

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23rd October 2010, 03:22am - Views: 800






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MEDIA RELASE PR41857




Fannie Mae Redemption


WASHINGTON, Oct. 22 /PRNewswire-AsiaNet/ --



    Fannie Mae (OTC Bulletin Board: FNMA) will redeem the principal amounts 

indicated for the following securities issues on the redemption dates indicated 

below at a redemption price equal to 100 percent of the principal amount 

redeemed, plus accrued interest thereon to the date of redemption:



       Principal   Security   Interest    Maturity      CUSIP     Redemption

         Amount      Type       Rate        Date                     Date

     $27,969,000     FINP      5.500%    November 2,  3135A06V6   November 2,

                                            2022                     2010

      $1,550,000     MTN       6.125%    November 2,  3136F75F0   November 2,

                                            2026                     2010

     $25,000,000     MTN       3.500%    November 2,  3136FJMK4   November 2,

                                            2015                     2010

    $250,000,000     MTN       0.900%     August 2,   31398AY97   November 2,

                                            2012                     2010



    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.



SOURCE  Fannie Mae


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    CONTACT: Katherine Constantinou of Fannie Mae, +1-202-752-5403


Translations:





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