Fannie Mae Redemption 182

< BACK TO COMPANY starstarstarstarstar   Business - Company Press Release
5th August 2010, 02:34am - Views: 804






Business Company Fannie Mae 2 image








MEDIA RELEASE PR40682


Fannie Mae Redemption


WASHINGTON, Aug. 4 /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 Date

     Amount          Type      Rate       Date

    $150,000,000     MTN      4.000%  May 14, 2024  3136FHML6   August 14, 2010

    $130,000,000     MTN      4.000%  May 14, 2024  3136FHMW2   August 14, 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


    CONTACT:  Katherine Constantinou

              Fannie Mae

              +1-202-752-5403



Translations:



AsiaNet releases please visit http://www.asianetnews.net






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article