Fannie Mae Announces Auction Results For Reopening Of 2-year Benchmark Notes(r) Due June 22, 2012

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30th April 2010, 07:38am - Views: 882





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MEDIA RELEASE PR39350


Fannie Mae Announces Auction Results for Reopening of 2-Year Benchmark Notes(R) due

June 22, 2012


WASHINGTON, Apr. 30 /PRNewswire-AsiaNet/ --


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


                     2-Year (Reopening)

    Pricing Date     April 29, 2010

    Settlement Date  May 3, 2010

    Maturity Date    June 22, 2012

    Reopen Size      $1 billion

    Current

     Outstanding     $4 billion

    Coupon           1.250%

    Price            100.011

    Yield            1.245%

    Payment Dates    Each June 22nd and December 22nd

    CUSIP            31398AP71

    Listing          Application will be made to list the securities

                     on the EuroMTF market of the Luxembourg Stock Exchange


    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.


    Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of

this mark is prohibited.


    SOURCE: Fannie Mae


    CONTACT: Katherine Constantinou of Fannie Mae,

             +1-202-752-5403









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