Fannie Mae Redemption 101

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15th July 2009, 01:28am - Views: 747





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MEDIA RELEASE PR35377


Fannie Mae Redemption


WASHINGTON, July 14 /PRNewswire-AsiaNet/ --


    Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for

the following securities issues on the redemption dates indicated below at a

redemption price equal to 100 percent of the principal amount redeemed, plus

accrued interest thereon to the date of redemption:


    Principal  Security Interest  Maturity Date      CUSIP    Redemption Date

      Amount     Type    Rate    

    $1,190,000   FINP   3.500%    July 24, 2012     3135A1KD8  July 24, 2009

    $1,073,000   FINP   4.250%    July 24, 2014     3135A1KE6  July 24, 2009

    $7,582,000   FINP   4.250%    December 11, 2015 3135A1HK6  July 24, 2009

    $6,641,000   FINP   6.250%    July 14, 2021     3135A0VQ9  July 24, 2009


    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.


     SOURCE: Fannie Mae


    CONTACT: Latressa Cox of Fannie Mae

             +1-202-752-6707



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