MEDIA RELEASE PR37623
Fannie Mae Announces 5-Year Reopening Benchmark Notes(R) Auction
WASHINGTON, Dec. 17 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (NYSE: FNM):
5-Year (Reopening)
Auction Date December 16, 2009
Settlement Date December 18, 2009
Maturity Date November 20, 2014
Reopen Size $1 billion
Current Outstanding $4.5 billion
Coupon 2.625%
Payment Dates Each November 20th and May 20th
CUSIP 31398AZV7
Listing Application will be made to list the securities on
the EuroMTF market of the Luxembourg Stock Exchange
Auction Time 10:30 - 11:00 a.m. EST
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: Derek Lowe of Fannie Mae, +1-202-752-2110