Fannie Mae Announces Offering Of New Issue 3-year Benchmark Notes(r) Due June 26, 2013

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19th May 2010, 05:13am - Views: 815






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MEDIA RELEASE PR39618


Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(R) due June 26,

2013


WASHINGTON, May 19 /PRNewswire-AsiaNet/ --


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



                      3-Year

    Pricing Date      May 19, 2010

    Settlement Date   May 21, 2010

    Maturity Date     June 26, 2013

    Issue Size        TBD

    Coupon            TBD

    Payment Dates     Each June 26th and December 26th, beginning June 26, 2010

    CUSIP             31398AT44

    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 J.P. Morgan &

Co. are the joint lead managers. The co-managers include, Alamo Capital,

Citigroup Global Markets Inc., Goldman Sachs & Co., Guzman & Company,

Jefferies & Company, Inc., 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, 

Business Finance Fannie Mae 3 image

             +1-202-752-5403








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