Fannie Mae Prices New Issue 3-year Benchmark Notes(r) Due February 22, 2013

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15th January 2010, 09:16am - Views: 696






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MEDIA RELEASE PR37887


Fannie Mae Prices New Issue 3-Year Benchmark Notes(R) due February 22, 2013


WASHINGTON, Jan. 15 /PRNewswire-AsiaNet/ --


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


                        3-Year

                        ------

    Pricing Date        January 14, 2010

    Settlement Date     January 15, 2010

    Maturity Date       February 22, 2013

    Issue Size          $4.5 billion

    Coupon              1.750%

    Price               99.856

    Yield               1.798%

    Payment Dates       Each February 22nd and August 22nd, beginning 

                        February 22, 2010

    Spread              +29.5 basis points /1.375%  01/15/13 U.S. Treasury

    CUSIP               31398AE24

    Listing             Application will be made to list the securities on 

                        the EuroMTF market of the Luxembourg Stock Exchange


    Banc of America Securities, Goldman Sachs & Co., and J.P. Morgan & Co.

are the joint lead managers. The co-managers include, Barclays Capital Inc.,

Cabrera Capital Markets LLC, FTN Financial Capital Markets, MFR Securities,

Inc. and RBC 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 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

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    CONTACT: Derek Lowe of Fannie Mae, 

             +1-202-752-2110









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