Fannie Mae Redemption 248

< BACK TO FINANCE starstarstarstarstar   Business - Finance Press Release
9th June 2010, 01:24am - Views: 873






Business Finance Fannie Mae 2 image





MEDIA RELEASE PR39896


Fannie Mae Redemption


WASHINGTON, June 8 /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       CUSIP    Redemption

        Amount      Type     Rate         Date                    Date

      $9,732,000   FINP    6.300%  August 28, 2037   3135A04N6 June 18, 2010

      $8,219,000   FINP    6.000%   March 16, 2028   3135A0SC4 June 18, 2010

      $9,905,000   FINP    6.250% September 12, 2036 3135A0XV6 June 18, 2010

     $33,432,000   FINS    5.600% January 16, 2024   3136F2H50 June 18, 2010

     $10,000,000   MTNR    5.600% January 16, 2024   3136F3XR2 June 18, 2010

     $15,075,000   FINS    5.000%   March 18, 2020   3136F5HZ7 June 18, 2010

     $25,000,000   MTNR    4.000%   June 18, 2024    3136FHYH2 June 18, 2010

     $50,000,000   MTN     4.500%   June 18, 2019    3136FHYU3 June 18, 2010

     $50,000,000   MTN     2.250% December 18, 2014  3136FJVX6 June 18, 2010

     $50,000,000   MTN     2.000% December 18, 2014  3136FJWJ6 June 18, 2010

    $1,000,000,000 MTN     5.000%   June 18, 2024    31398AYB2 June 18, 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, 

             +1-202-752-5403

Translations:



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






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