Fannie Mae Announces Auction Results For Reopening Of 5-year Benchmark Notes(r) Due October 26, 2015

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29th October 2010, 10:11am - Views: 876






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MEDIA RELEASE PR41951


Fannie Mae Announces Auction Results for Reopening of 5-Year Benchmark Notes(R) due

October 26, 2015


WASHINGTON, Oct. 29 /PRNewswire-AsiaNet/ --


    The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):



                              5-Year (Reopening)

    Pricing Date              October 28, 2010

    Settlement Date           November 1, 2010

    Maturity Date             October 26, 2015

    Reopen Size               $1 billion

    Current Outstanding       $5.5 billion

    Coupon                    1.625%

    Price                     100.618

    Yield                     1.496%

    Payment Dates             Each April 26th and October 26th, beginning 

                              April 26, 2011

    CUSIP                     31398A4M1

    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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