By Kenneth Lim
Boston, Dec. 16 - Fannie Mae priced a $1 billion reopening of 2.625% Benchmark Notes due Nov. 20, 2014 to yield 2.526% on Wednesday.
The notes sold at 100.454 through an auction.
The notes are non-callable.
The current outstanding amount in the series is $4.5 billion.
Issuer: | Fannie Mae
|
Issue: | Benchmark Notes reopening
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Amount: | $1 billion
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Maturity: | Nov. 20, 2014
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Coupon: | 2.625%
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Price: | 100.454
|
Yield: | 2.526%
|
Call protection: | Non-callable
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Pricing date: | Dec. 16
|
Settlement date: | Dec. 18
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