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Fannie Mae talks two-year Benchmark Notes at 25 bps over Treasuries for Thursday; amount not set
By Kenneth Lim
Boston, April 14 - Fannie Mae plans to price new two-year Benchmark Notes on Thursday talked at an initial spread of 25 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., Citigroup Global Markets Inc. and UBS Securities LLC are the lead managers.
The notes will be non-callable.
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