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Fannie Mae to redeem $985 million medium-term notes at par
By Melissa Kory
Cleveland, Oct. 29 - Fannie Mae announced that it will redeem $985 million of its medium-term notes.
Fannie Mae said in a news release that the redemption price will be the principal amount plus accrued interest up to the redemption date.
Affected are the following securities, to be redeemed Nov. 18:
• $25 million of 1.27% notes due Nov. 18, 2011;
• $100 million of 4.5% notes due Nov. 18, 2019;
• $50 million of 5.125% notes due Nov. 18, 2024;
• $20 million of 5% notes due Nov. 18, 2024;
• $75 million of 2.2% notes due Aug. 18, 2015;
• $50 million of 2.5% notes due Aug. 18, 2016;
• $190 million of 3% notes due Nov. 18, 2015;
• $50 million of 3.1% notes due May 18, 2015;
• $100 million of 1% notes due May 18, 2012; and
• $325 million of 0% notes due May 18, 2040.
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