Fannie Mae Prices New Issue 3-year Benchmark Notes(r) Due June 26, 2013

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20th May 2010, 05:58am - Views: 834






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MEDIA RELEASE PR39640


Fannie Mae Prices New Issue 3-Year Benchmark Notes(R) due June 26, 2013


WASHINGTON, May 20 /PRNewswire-AsiaNet/ --


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



                      3-Year

    Pricing Date      May 19, 2010

    Settlement Date   May 21, 2010

    Maturity Date     June 26, 2013

    Issue Size        $3.5 billion

    Coupon            1.500%

    Price             99.982

    Yield             1.506%

    Payment Dates     Each June 26th and December 26th, beginning 

                       June 26, 2010

    Spread            +27 basis points / 1.375%  05/15/13 U.S. Treasury

    CUSIP             31398AT44

    -----             ---------

    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 J.P. Morgan & Co. are

the joint lead managers. The co-managers include, Alamo Capital, Citigroup Global

Markets Inc., Goldman Sachs & Co., Guzman & Company, Jefferies & Company, Inc., and

UBS Securities LLC.


    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

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    CONTACT: Katherine Constantinou, 

             +1-202-752-5403








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