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
CONTACT: Katherine Constantinou,
+1-202-752-5403