By Kenneth Lim
Boston, Oct. 28 - Fannie Mae priced a $1 billion reopening of 1.625% five-year Benchmark Notes on Thursday to yield 1.496%.
The notes priced at 100.618 through an auction.
The current outstanding principal amount on the note series is $5.5 billion.
The notes are non-callable.
Issuer: | Fannie Mae
|
Issue: | Benchmark Notes reopening
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Amount: | $1 billion
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Maturity: | Oct. 26, 2015
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Coupon: | 1.625%
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Price: | 100.618
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Yield: | 1.496%
|
Call: | Non-callable
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Pricing date: | Oct. 28
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Settlement date: | Nov. 1
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