Search

Fannie Mae Redemption

By Fannie Mae Bernama - Monday, August 18

ATTENTION EDITOR,

BUSINESS & FINANCE DESKS

WASHINGTON, Aug. 18 /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 amounts redeemed, plus accrued interest thereon to the date of redemption:

Principal Security Interest Maturity Date CUSIP Redemption Date Amount Type Rate

$119,250,000 MTN 5.550% August 25, 2011 3136F7W78 August 25, 2008 $100,000,000 MTN 6.180% August 25, 2016 3136F7W45 August 25, 2008 $50,000,000 MTN 6.180% August 25, 2016 3136F7W37 August 25, 2008 $25,000,000 MTN 5.400% August 26, 2009 3136F7S99 August 26, 2008 $50,000,000 MTN 5.430% August 27, 2010 3136F7Y43 August 27, 2008 $250,000,000 MTN 5.410% August 27, 2012 31398AGL0 August 27, 2008

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.

SOURCE Fannie Mae

FOR MORE INFORMATION CONTACT: NAME : LATRESSA COX OF FANNIE MAE TEL : +1-02-752-6707

WEB SITE : http://www.fanniemae.com (FNM) DATE OF RELEASE : 18 AUGUST 2008 RELEASED BY BERNAMA MEDIA RELATIONS & EVENT MANAGEMENT

Recommend this article

Average (0 votes)
0 stars
Sign in to recommend this article »
Most Recommended Stories »

Related Articles: Business