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.
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