Fannie Mae Announces Offering Of New Issue 2-year Benchmark Notes(r) Due October 30, 2012

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6th October 2010, 09:40am - Views: 882






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MEDIA RELEASE PR41614


Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) due October 30,

2012


WASHINGTON, Oct. 6 /PRNewswire-AsiaNet/ --


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


                      2-Year

    Pricing Date      October 6, 2010

    Settlement Date   October 8, 2010

    Maturity Date     October 30, 2012

    Issue Size        TBD

    Coupon            TBD

    Payment Dates     Each October 30th and April 30th, beginning 

                       October 30, 2010

    CUSIP             31398A4T6

    Listing           Application will be made to list the securities 

                       on the EuroMTF market of the Luxembourg Stock Exchange



    Barclays Capital Inc., J.P. Morgan & Co. and UBS Securities LLC are the

joint lead managers. The co-managers include, Citigroup Global Markets Inc.,

Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., FTN

Financial Capital Markets, MFR Securities, Inc., and Williams Capital Group

L.P.


    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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