Fannie Mae talks five-year Benchmark Notes to yield 33-35 bps over Treasuries for Friday

By Kenneth Lim

Boston, Oct. 22 - Fannie Mae plans to price new five-year Benchmark Notes on Friday, with price talk at a spread of 33 to 35 basis points over Treasuries, market sources said.

The deal amount will be at least $3 billion.

Barclays Capital Inc., Deutsche Bank Securities Inc. and J.P. Morgan & Co. are the lead managers.

The notes will be non-callable.

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