Fannie Mae Prices New Issue 2-year Benchmark Notes(r) Due December 28, 2012

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6th November 2010, 09:11am - Views: 871






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MEDIA RELEASE PR42074


Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due December 28, 2012


WASHINGTON, Nov. 6, 2010 /PRNewswire-AsiaNet/ --


    The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):



                       2-Year

    Pricing Date       November 5, 2010

    Settlement Date    November 9, 2010

    Maturity Date      December 28, 2012

    Issue Size         $7.5 billion

    Coupon             0.375%

    Price              99.837

    Yield              0.452%

    Payment Dates      Each December 28th and June 28th, beginning

                       December 28, 2010

    Spread             +10.5 basis points / 0.375%  10/31/12 U.S. Treasury

    CUSIP              31398A6F4

    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 UBS Securities LLC are

the joint lead managers. The co-managers include, BNP Paribas Securities Corp.,

Cabrera Capital Markets LLC, Citigroup Global Markets Inc., Credit Suisse Securities

(USA) LLC, FTN Financial Capital Markets, and Loop Capital Markets.


    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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