Fannie Mae talks two-year Benchmark Notes at 10.5 bps over Treasuries for Friday; size to be set

By Kenneth Lim

Boston, Nov. 4 - Fannie Mae plans to price new two-year Benchmark Notes on Friday, talked at a spread of 10.5 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.

Barclays Capital Inc., Deutsche Bank Securities Inc. and UBS Securities LLC are the lead managers.

The notes will be non-callable.

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