MEDIA RELEASE PR38681
Fannie Mae Redemption
WASHINGTON, Mar. 10 /PRNewswire-AsiaNet/ --
Fannie Mae (NYSE: FNM) will redeem the principal amount indicated for the
following securities issue on the redemption date 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
$60,000,000 MTN 0.249% June 24, 2024 31398AXW7 March 24, 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
Translations:
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