MEDIA RELEASE PR40988
Fannie Mae Announces Offering of New Issue 2-Year Benchmark Notes(R) Due September
24, 2012
WASHINGTON, Aug. 27 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
2-Year
Pricing Date August 27, 2010
Settlement Date August 30, 2010
Maturity Date September 24, 2012
Issue Size TBD
Coupon TBD
Payment Dates Each September 24th and March 24th, beginning
September 24, 2010
CUSIP 31398A3N0
Listing Application will be made to list the securities on
the EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., Goldman Sachs & Co., and J.P. Morgan & Co. are the joint
lead managers. The co-managers include, Citigroup Global Markets Inc., Jefferies &
Co., Loop Capital Markets, Mischler Financial Group, Morgan Stanley & Co., and Vining
Sparks IBG, 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
CONTACT: Katherine Constantinou of Fannie Mae,
+1-202-752-5403
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