Fannie Mae Redemption 167

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9th December 2008, 04:02am - Views: 782





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Fannie Mae Redemption


WASHINGTON, Dec. 8 /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

     Amount           Type        Rate        Maturity Date         CUSIP               Redemption Date


    $400,000,000    MTN    3.500%  June 18, 2010           31398ASE3      December 18, 2008

     $50,000,000    MTN     4.100%  June 18, 2012           3136F9TE3      December 18, 2008

     $25,000,000    MTN     4.500%  March 18, 2013         3136F9AU7      December 18, 2008

    $500,000,000   MTN     5.000%  December 18, 2014   31398AKQ4     December 18, 2008


    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. In 2008, we mark our 70th year of service to America's housing

market. 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

    (FNM)



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