Fannie Mae Redemption 175

< BACK TO INFORMATION TECHNOLOGY starstarstarstarstar   Science - Information Technology Press Release
14th August 2009, 01:45am - Views: 780





Science Information Technology Fannie Mae 1 image

Science Information Technology Fannie Mae 2 image










MEDIA RELEASE PR35691


Fannie Mae Redemption


WASHINGTON, Aug. 13 /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        CUSIP       Redemption

       Amount      Type      Rate       Date                        Date 


      $30,000,0000  MTN     6.520%     February 23,   3136F7UL9    August 23, 

                                        2026                        2009


    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: Latressa Cox of Fannie Mae

             +1-202-752-6707



Translations:






To view this and other AsiaNet releases please visit http://www.asianetnews.net






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article