Fannie Mae Prices New Issue 2-year Benchmark Notes(r) Due June 22, 2012

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16th April 2010, 08:37am - Views: 891






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MEDIA RELEASE PR39161


Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due June 22, 2012


WASHINGTON, Apr. 16 /PRNewswire-AsiaNet/ --


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


                    2-Year

    Pricing Date    April 15, 2010

    Settlement Date April 19, 2010

    Maturity Date   June 22, 2012

    Issue Size      $4 billion

    Coupon          1.250%

    Price           99.887

    Yield           1.303%

    Payment Dates   Each June 22nd and December 22nd, beginning June 22, 2010

    Spread          +25 basis points / 1.000%  03/31/12 U.S. Treasury

    CUSIP           31398AP71

    Listing         Application will be made to list the securities on

                    the EuroMTF market of the Luxembourg Stock Exchange


    Barclays Capital Inc., Citigroup Global Markets Inc., and UBS Securities

LLC are the joint lead managers. The co-managers include, Banc of America

Securities, Credit Suisse Securities (USA) LLC, Daiwa Capital Markets America

Inc., FTN Financial Capital Markets, Loop Capital Markets, and J.P. Morgan &

Co.


    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, 

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             Fannie Mae, 

             +1-202-752-5403







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