Fannie Mae Redemption 7

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3rd November 2009, 05:46am - Views: 609





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MEDIA RELEASE PR36889


Fannie Mae Redemption


WASHINGTON, Nov. 2 /PRNewswire-AsiaNet/ --


    Fannie Mae (NYSE: FNM) 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                  Redemption

        Amount      Type     Rate       Date        CUSIP          Date

     $100,000,000   MTN     1.000%  May 12, 2011  3136FHPM1  November 12, 2009

     $125,000,000   MTN     1.500%  May 12, 2014  3136FHTL9  November 12, 2009


    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:  Latressa Cox of Fannie Mae, 

              +1-202-752-6707



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   Malay (http://asianetnews.net/Download.asp?ID=139353)


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