MEDIA RELEASE PR41927
Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(R) Due December 18,
2013 and Auction (Reopening) of 5-Year Benchmark Notes(R) Due October 26, 2015
WASHINGTON, Oct. 28 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
3-Year 5-Year (Reopening)
Pricing/Auction Date October 28, 2010 October 28, 2010
Settlement Date November 1, 2010 November 1, 2010
Maturity Date December 18, 2013 October 26, 2015
Issue Size/Reopen Size TBD $1 billion
Current Outstanding N/A $5.5 billion
Coupon TBD 1.625%
Payment Dates Each December 18th Each April 26th and
and June 18th, October 26th,
beginning beginning
December 18, 2010 April 26, 2011
CUSIP 31398A5W8 31398A4M1
Listing Application will Application will
be made to list be made to list
the securities on the securities on
the EuroMTF the EuroMTF
market of the market of the
Luxembourg Luxembourg
Stock Exchange Stock Exchange
Auction Time N/A October 28, 2010
10:30 a.m. -
11:00 a.m. EDT
For the new issue, Credit Suisse Securities (USA) LLC, Goldman Sachs & Co., and
J.P. Morgan & Co. are the joint lead managers. The co-managers include Blaylock
Robert Van LLC, Deutsche Bank Securities Inc., FTN Financial Capital Markets,
Jefferies & Company, Inc., M.R. Beal & Company, and UBS Securities LLC.
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