Fannie Mae Redemption 238

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29th June 2010, 01:37am - Views: 972






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MEDIA RELEASE PR40196


Fannie Mae Redemption


WASHINGTON, June 28 /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

    US$9,765,000     FINP    5.500%    October 4,   3135A0MN6   July 8, 2010

                                         2030      

    US$3,405,000     FINP    5.750%    March 27,    3135A0P45   July 8, 2010

                                         2037        

    US$1,705,000     FINP    5.750%    December 30, 3135A1BN6   July 8, 2010

                                         2037     

    US$30,000,000    MTNR    5.500%    August 4,    3136F3U38   July 8, 2010

                                         2028

    US$50,000,000    MTN     4.875%    July 8,      3136F9YL1   July 8, 2010

                                         2015 

    US$25,000,000    MTN     5.200%    July 8,      3136FHL86   July 8, 2010

                                         2019   

    US$25,000,000    MTNR    4.600%    July 8,      3136FHN35   July 8, 2010

                                         2024 

    US$20,000,000    MTN     1.750%    September 8, 3136FHPH2   July 8, 2010

                                         2011      

    US$200,000,000   MTN     4.800%    July 8,      3136FHU60   July 8, 2010

                                         2024 

    US$50,000,000    MTN     4.850%    July 8,      3136FHU94   July 8, 2010

                                         2024   

    US$1,250,000,000 MTN     2.000%    April 8,     31398AL83   July 8, 2010

                                         2013


    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: Katherine Constantinou, 

             +1-202-752-5403



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