By Kenneth Lim
Boston, Oct. 28 - Fannie Mae priced an $8 billion offering of 0.75% three-year Benchmark Notes on Thursday at a spread of 19.5 basis points over Treasuries.
The notes priced at 99.957 to yield 0.764%. Price talk was at a spread of 20 bps over Treasuries.
Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. and J.P. Morgan & Co. were the lead managers.
The notes are non-callable.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark Notes
|
| Amount: | $8 billion
|
| Maturity: | Dec. 18, 2013
|
| Coupon: | 0.75%
|
| Price: | 99.957
|
| Yield: | 0.764%
|
| Spread: | 19.5 bps over Treasuries
|
| Price talk: | 20 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Credit Suisse Securities (USA) LLC, Goldman Sachs & Co. and J.P. Morgan & Co.
|
| Pricing date: | Oct. 28
|
| Settlement date: | Nov. 1
|
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