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Published on 4/23/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

Fannie Mae calls medium-term notes totaling $2.3 billion at par

By Marisa Wong

Milwaukee, April 23 - Fannie Mae announced that it will redeem a total of $2.3 billion 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:

• $25 million of 1.26% notes due Nov. 3, 2011, to be redeemed May 3;

• $150 million of 2.15% notes due Nov. 3, 2014, to be redeemed May 3;

• $250 million of 5.5% notes due May 3, 2017, to be redeemed May 3;

• $10 million of 1.125% notes due May 4, 2012, to be redeemed May 4;

• $50 million of 1.3% notes due May 4, 2012, to be redeemed May 4;

• $1 billion of 2.15% notes due May 4, 2012, to be redeemed May 4;

• $25 million of 2.7% notes due Nov. 4, 2013, to be redeemed May 4;

• $75 million of 3% notes due Nov. 4, 2016, to be redeemed May 4;

• $150 million of 3.25% notes due May 5, 2011, to be redeemed May 5;

• $250 million of 3.25% notes due Nov. 5, 2014, to be redeemed May 5;

• $65 million of 2.55% notes due May 5, 2015, to be redeemed May 5;

• $100 million of 4.8% notes due Aug. 5, 2024, to be redeemed May 5; and

• $150 million of 4.8% notes due Aug. 5, 2024, to be redeemed May 5.


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