Fannie Mae Announces Offering Of New Issue 3-year Benchmark Notes(r) Due May 7, 2013

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11th March 2010, 08:56am - Views: 1154






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MEDIA RELEASE PR38696


Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(R) due May 7, 2013


WASHINGTON, Mar. 11 /PRNewswire-AsiaNet/ --


    The following is being issued by Fannie Mae (NYSE: FNM):



                      3-Year

    Pricing Date      March 11, 2010

    Settlement Date   March 15, 2010

    Maturity Date     May 7, 2013

    Issue Size        TBD

    Coupon            TBD

    Payment Dates     Each May 7th and November 7th, beginning May 7, 2010

    CUSIP             31398AJ94

    Listing           Application will be made to list the securities on the 

                      EuroMTF market of the Luxembourg Stock Exchange



    Barclays Capital Inc., Deutsche Bank Securities Inc., and J.P. Morgan &

Co. are the joint lead managers. The co-managers include, Banc of America

Securities, CastleOak Securities, L.P., FTN Financial Capital Markets, RBC

Capital Markets, UBS Securities LLC, and Williams Capital Group L.P.


    Fannie Mae is a shareholder-owned company with a public mission. We exist

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. In 2008, we mark our 70th year of

service to America's housing market. 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.


    Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of

this mark is prohibited.



SOURCE: Fannie Mae


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    CONTACT: Katherine Constantinou of Fannie Mae, 

             +1-202-752-5403








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