MEDIA RELEASE PR41630
Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due October 30, 2012
WASHINGTON, Oct. 7 /PRNewswire-AsiaNet/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
2-Year
Pricing Date October 6, 2010
Settlement Date October 8, 2010
Maturity Date October 30, 2012
Issue Size $8 billion
Coupon 0.500%
Price 99.965
Yield 0.517%
Payment Dates Each October 30th and April 30th, beginning
October 30, 2010
Spread +13 basis points / 0.375% 09/30/12 U.S. Treasury
CUSIP 31398A4T6
Listing Application will be made to list the securities on the
EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., J.P. Morgan & Co. and UBS Securities LLC are the joint
lead managers. The co-managers include, Citigroup Global Markets Inc., Credit Suisse
Securities (USA) LLC, Deutsche Bank Securities Inc., FTN Financial Capital Markets,
MFR Securities, Inc., and Williams Capital Group L.P.
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