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Fannie Mae's three-year Benchmark Notes talked at Treasuries plus 31 bps, to price Thursday
By Kenneth Lim
Boston, March 10 - Fannie Mae plans to price a benchmark-sized offering of new three-year Benchmark Notes on Thursday, with price talk at a spread of 31 basis points over Treasuries.
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 J.P. Morgan & Co. are the lead managers.
The notes are non-callable.
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