Fannie Mae Announces Offering Of New Issue 2-year Benchmark Notes(r) Due January 12, 2012 And Auctio

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3rd December 2009, 08:50am - Views: 715






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MEDIA RELEASE PR37376


Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) Due January 12,

2012 and Auction (Reopening) of 5-Year Benchmark Notes(R) Due November 20, 2014


WASHINGTON, Dec. 3 /PRNewswire-AsiaNet/ --


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


                            2-Year                 5-Year (Reopening)


    Pricing/Auction Date    December 3, 2009       December 2, 2009


    Settlement Date         December 4, 2009       December 4, 2009


    Maturity Date           January 12, 2012       November 20, 2014


    Issue Size/Reopen Size  TBD                    $1 billion


    Current Outstanding     N/A                    $3.5 billion


    Coupon                  TBD                    2.625%


    Payment Dates           Each January 12th      Each November 20th

                            and July 12th,         and May 20th

                            beginning January 12, 

                            2010      


    CUSIP                   31398AB43              31398AZV7


    Listing                 Application will be    Application will be

                            made to list the       made to list the

                            securities on the      securities on the

                            EuroMTF market of      EuroMTF market of the

                            the Luxembourg         Luxembourg Stock Exchange

                            Stock Exchange 


    Auction Time            N/A                    10:30 a.m. - 11:00 a.m. EST


    For the new issue, Citigroup Global Markets Inc., J.P. Morgan Securities

Inc., and Morgan Stanley & Co. are the joint lead managers. The co-managers

include Banc of America Securities LLC, Credit Suisse Securities (USA) LLC,

FTN Financial Capital Markets, Jefferies & Company, Inc. and Loop Capital

Markets.


    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

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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









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