MEDIA RELEASE PR32289
Fannie Mae Redemption
WASHINGTON, Oct. 21 /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 Date CUSIP Redemption Date
Amount Type Rate
$25,000,000 MTN 5.150% October 30, 2009 3136F75D5 October 30, 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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