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Fannie Mae talks new two-year Benchmark Notes at 24.5 bps over Treasuries for Thursday
By Kenneth Lim
Boston, Dec. 2 - Fannie Mae plans to price new two-year Benchmark Notes on Thursday talked at a spread of 24.5 basis points over Treasuries, market sources said.
The size has not been set, but the amount is expected to be at least $3 billion.
Citigroup Global Markets Inc., J.P. Morgan Securities Inc. and Morgan Stanley & Co. Inc. are the lead managers.
The notes will be non-callable.
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