Fannie Mae Redemption 176

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3rd April 2009, 03:58am - Views: 473





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Fannie Mae Redemption


WASHINGTON, Apr. 2 /PRNewswire-AsiaNet/ --


    Fannie Mae (NYSE: FNM) will redeem the principal amounts indicated for

the following securities issues on the redemption dates 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  

     $5,931,000   FINP   6.500%   July 11, 2031      3135A0VR7  April 13, 2009

    $25,000,000   MTN    5.450%   February 12, 2013  3136F8S22  April 12, 2009

    $25,000,000   MTNR   5.650%   October 28, 2019   3136F6GJ2  April 13, 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

    (FNM)



Translations:


   Malay (http://asianetnews.net/Download.asp?ID=122505)



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