Fannie Mae Redemption 226

< BACK TO FINANCE starstarstarstarstar   Business - Finance Press Release
27th July 2010, 01:30am - Views: 933






Business Finance Fannie Mae 2 image







MEDIA RELEASE PR40564


Fannie Mae Redemption


WASHINGTON, July 26 /PRNewswire-AsiaNet/ --


    Fannie Mae (OTC Bulletin Board: FNMA) 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 

       Amount      Type      Rate                                  Date

                                        August 5,                 August 5,

      $100,000,000   MTN     3.200%     2014          3136FH2D6   2010

                                        August 5,                 August 5,

       $40,000,000   MTN     4.250%     2024          3136FH2L8   2010

                                        February 5,               August 5,

      $125,000,000   MTN     1.800%     2013          3136FJ2F7   2010

                                        February 5,               August 5,

       $50,000,000   MTN     2.400%     2014          3136FJ2K6   2010

                                        February 5,               August 5,

       $75,000,000   MTN     2.500%     2013          3136FJ2Z3   2010

                                        November 5,               August 5,

       $25,000,000   MTN     4.000%     2019          3136FJLK5   2010

                                        November 5,               August 5,

       $15,000,000   MTN     4.000%     2019          3136FJML2   2010

                                        November 5,               August 5,

       $50,000,000   MTN     4.500%     2019          3136FJMR9   2010

                                        November 5,               August 5,

       $25,000,000   MTNR    4.000%     2019          3136FJNH0   2010

                                        February 5,               August 5,

       $50,000,000   MTN     3.350%     2015          3136FJV24   2010

                                        February 5,               August 5,

       $50,000,000   MTN     2.750%     2015          3136FJW56   2010

                                        August 5,                 August 5,

       $50,000,000   MTN     1.500%     2013          3136FJZ38   2010

    

    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: Pete Bakel of Fannie Mae, 

             +1-202-752-2034


Translations:



AsiaNet releases please visit http://www.asianetnews.net






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article