Fannie Mae Prices New Issue 2-year Benchmark Notes(r) Due January 12, 2012

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4th December 2009, 09:01am - Views: 738






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MEDIA RELEASE PR37404


Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due January 12, 2012


WASHINGTON, Dec. 4 /PRNewswire-AsiaNet/ --


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



                        2-Year


    Pricing Date        December 3, 2009


    Settlement Date     December 4, 2009


    Maturity Date       January 12, 2012


    Issue Size          $3 billion


    Coupon              0.875%


    Price               99.790


    Yield               0.976%


    Payment Dates       Each January 12th and July 12th, beginning 

                        January 12, 2010


    Spread              +25 basis points / 0.750%

                        11/30/11 U.S. Treasury


    CUSIP               31398AB43


    Listing             Application will be made to list the securities

                        on the EuroMTF market of the Luxembourg

                        Stock Exchange



    Citigroup Global Markets Inc., J.P. Morgan Securities Inc., and Morgan Stanley &

Co. are the joint lead managers. The co-managers include Banc of America Securities

LLC, Credit Suisse Securities (USA) LLC, FTN Financial Capital Markets, Jefferies &

Company, Inc. and Loop Capital Markets.


    Fannie Mae is a shareholder-owned company with a public mission. We exist 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

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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: Derek Lowe of Fannie Mae, 

             +1-202-752-2110









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