Fannie Mae Redemption 164

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19th February 2009, 03:13am - Views: 814





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Fannie Mae Redemption


WASHINGTON, Feb. 18 /PRNewswire-AsiaNet/ --


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

following securities issue on the redemption date 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      CUSIP     Redemption Date

    Amount        Type     Rate     Date


    $225,000,000  MTN      3.500%   May 28, 2010  31398ART1 February 28, 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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