Fannie Mae talks three-year Benchmark Notes at 20 bps over Treasuries for Thursday

By Kenneth Lim

Boston, Oct. 27 - Fannie Mae plans to price new three-year Benchmark Notes on Thursday, talked at a spread of 20 basis points over Treasuries, market sources said.

The size of the deal has not been set, but it is expected to be at least $3 billion.

Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. and J.P. Morgan & Co. are the lead managers.

The notes will be non-callable.

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