Fannie Mae Announces Offering Of New Issue 5-year Benchmark Notes(r) Due July 28, 2015 And Auction (

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10th June 2010, 04:55am - Views: 815






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MEDIA RELEASE PR39933


Fannie Mae Announces Offering of New Issue 5-Year Benchmark Notes(R) due July 28,

2015 and Auction (Reopening) of 2-Year Benchmark Notes(R) due July 30, 2012


WASHINGTON, June 10 /PRNewswire-AsiaNet/ --


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



                            5-Year                2-Year (Reopening)

    Pricing/Auction Date    June 10, 2010         June 9, 2010

    Settlement Date         June 14, 2010         June 11, 2010

    Maturity Date           July 28, 2015         July 30, 2012

    Issue Size/ Reopen      $3 billion            $1 billion

     Size

    Current Outstanding     N/A                   $5 billion

    Coupon                  TBD                   1.125%

    Payment Dates           Each July 28th and    Each July 30th and

                            January 28th,         January 30th,

                            beginning July        beginning July

                            28, 2010              30, 2010

    CUSIP                   31398AU34             31398AT77

    Listing                 Application will      Application will

                            be made to list the   be made to list the

                            securities on the     securities on the 

                            EuroMTF market of     EuroMTF market of 

                            the Luxembourg        the Luxembourg

                            Stock Exchange        Stock Exchange

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



    For the new issue, Barclays Capital Inc., Deutsche Bank Securities Inc., and J.P.

Morgan & Co. are the joint lead managers. The co-managers include, Banc of America

Securities, CastleOak Securities, L.P., Citigroup Global Markets Inc., FTN Financial

Capital Markets, Goldman Sachs & Co., 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.


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    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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