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Fannie Mae announces redemption of $565 million in medium-term notes
By Devika Patel
Knoxville, Tenn., Dec. 24 - Fannie Mae said it will redeem $565 million of its medium-term notes at par plus interest.
The securities being redeemed are the $500 million in 4.55% notes due Jan. 4, 2013, the $15 million in 1% notes due July 6, 2011 and the $50 million in 2.3% notes due July 6, 2012.
The 4.55% notes will be redeemed on Jan. 4, and the 1% and 2.3% notes will be redeemed on Jan. 6.
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