By Kenneth Lim
Singapore, Oct. 6 - Fannie Mae priced $8 billion of new 0.5% two-year Benchmark Notes on Wednesday at a spread of 13 basis points over Treasuries.
The notes were sold at 99.965 to yield 0.517%. Price talk was at 14 bps over Treasuries.
Barclays Capital Inc., J.P. Morgan & Co. and UBS Securities LLC were the lead managers.
The notes are non-callable.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark Notes
|
| Amount: | $8 billion
|
| Maturity: | Oct. 30, 2012
|
| Coupon: | 0.5%
|
| Price: | 99.965
|
| Yield: | 0.517%
|
| Spread: | 13 bps over Treasuries
|
| Price talk: | 14 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Barclays Capital Inc., J.P. Morgan & Co. and UBS Securities LLC
|
| Pricing date: | Oct. 6
|
| Settlement date: | Oct. 8
|
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