Fannie Mae Announces Offering Of New Issue 2-year Benchmark Notes(r) Due December 28, 2012

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5th November 2010, 05:53am - Views: 865






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MEDIA RELEASE PR42054


Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) due December 28,

2012


WASHINGTON, Nov. 5, 2010 /PRNewswire-AsiaNet/ --


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



                            2-Year

    Pricing Date            November 5, 2010

    Settlement Date         November 9, 2010

    Maturity Date           December 28, 2012

    Issue Size              TBD

    Coupon                  TBD

    Payment Dates           Each December 28th and June 28th, beginning 

                            December 28, 2010

    CUSIP                   31398A6F4

    Listing                 Application will be made to list the securities on 

                            the EuroMTF market of the Luxembourg Stock Exchange



    Barclays Capital Inc., Deutsche Bank Securities Inc., and UBS Securities

LLC are the joint lead managers. The co-managers include, BNP Paribas

Securities Corp., Cabrera Capital Markets LLC, Citigroup Global Markets Inc.,

Credit Suisse Securities (USA) LLC, FTN Financial Capital Markets, and Loop

Capital Markets.


    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

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    CONTACT: Katherine Constantinou, Fannie Mae, +1-202-752-5403








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