Fannie Mae Redemption 293

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11th March 2010, 08:53am - Views: 1140





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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:

   Chinese - Traditional (http://asianetnews.net/Download.asp?ID=149547)




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