Fannie Mae Redemption 290

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17th March 2010, 03:54am - Views: 1155





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MEDIA RELEASE PR38757


Fannie Mae Redemption


WASHINGTON, Mar. 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

     Amount        Type     Rate                                  Date

     $30,000,000   MTN    1.750%   March 26, 2012  3136FHGT6  March 26, 2010

     $10,000,000   MTN    2.790%   March 26, 2013  3136FHBS3  March 26, 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


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