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Fannie Mae to redeem medium-term notes totaling $850 million at par
By Melissa Kory
Cleveland, Oct. 5 - Fannie Mae announced that it will redeem a total of $850 million of its medium-term notes.
Fannie Mae said in a news release that the redemption price will be the principal amount plus accrued interest up to the redemption date.
Affected are the following securities, all to be redeemed Oct. 15:
• $50 million of 5.15% notes due Oct. 15, 2024;
• $125 million of 2% notes due July 15, 2013;
• $50 million of 2.5% notes due Oct. 15, 2015;
• $50 million of 2.125% notes due April 15, 2015;
• $50 million of 1% notes due April 15, 2013;
• $175 million of 1.625% notes due Oct. 15, 2012;
• $50 million of 2.15% notes due April 15, 2015;
• $175 million of 2.25% notes due April 15, 2015;
• $50 million of 2.25% notes due April 15, 2015; and
• $75 million of 0.5% notes due Jan. 15, 2014
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