Fannie Mae Redemption 240

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25th June 2010, 01:50am - Views: 1007






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MEDIA RELEASE PR40154


Fannie Mae Redemption


WASHINGTON, June 24 /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

        Amount     Type   Rate                                   Date

     $14,252,000   FINP  5.250%  March 04, 2025    3135A0EE5  July 6, 2010

      $2,927,000   FINP  5.000%  May 20, 2022      3135A1GT8  July 6, 2010

        $741,000   FINP  4.750%  July 24, 2028     3135A1KJ5  July 6, 2010

     $51,661,000   FINS  5.250%  March 19, 2024    3136F3DD5  July 6, 2010

    $100,000,000   MTN   4.420%  May 6, 2019       3136FHSK2  July 6, 2010

     $75,000,000   MTN   5.125%  June 17, 2024     3136FHYF6  July 6, 2010

     $35,000,000   MTN   5.210%  November 25, 2024 3136FJSA0  July 6, 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: Katherine Constantinou, 

             Fannie Mae,

             +1-202-752-5403


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