MEDIA RELEASE PR40029
Fannie Mae Redemption
WASHINGTON, June 16 /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
$25,000,000 MTN 5.160% June 26, 2023 3136F3ZT6 June 26, 2010
$7,205,000 FINP 6.000% Nov. 8, 2030 3135A0NK1 June 28, 2010
$75,000,000 MTN 6.000% March 7, 2030 3136F6E96 June 28, 2010
$50,000,000 MTN 6.000% March 7, 2030 3136F6F20 June 28, 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 of Fannie Mae,
+1-202-752-5403
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