Fannie Mae Prices New Issue 2-Year Benchmark Notes(R) due February 26, 2013By Fannie Mae, PRNE
Wednesday, January 12, 2011
WASHINGTON, January 13, 2011 - The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
2-Year Pricing Date January 13, 2011 Settlement Date January 18, 2011 Maturity Date February 26, 2013 Issue Size $5.0 billion Coupon 0.750% Price 99.846 Yield 0.824% Payment Dates Each February 26th and August 26th, beginning February 26, 2011 Spread +21.5 basis points /0.625% 12/31/12 U.S. Treasury CUSIP 3135G0AK9 Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
Barclays Capital Inc., J.P. Morgan Securities Inc., and UBS Securities
LLC are the joint lead managers. The co-managers include, Aladdin Capital
L.L.C., CastleOak Securities, L.P., Citigroup Global Markets Inc., Deutsche
Bank Securities Inc., FTN Financial Capital Markets, and Goldman Sachs & Co.
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, +1-202-752-5403, or Resource Center, +1-800-732-6643
Tags: District of Columbia, Fannie Mae, January 13, Washington