Fannie Mae Announces Auction Results for Reopening of 5-Year Benchmark Notes(R) due October 26, 2015By Fannie Mae, PRNE
Wednesday, October 27, 2010
WASHINGTON, October 28, 2010 - The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
5-Year (Reopening) Pricing Date October 28, 2010 Settlement Date November 1, 2010 Maturity Date October 26, 2015 Reopen Size US$1 billion Current Outstanding US$5.5 billion Coupon 1.625% Price 100.618 Yield 1.496% Payment Dates Each April 26th and October 26th, beginning April 26, 2011 CUSIP 31398A4M1 Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
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
Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of
this mark is prohibited.
Katherine Constantinou of Fannie Mae, +1-202-752-5403
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