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Fannie Mae marks total Federal funds purchased, agreements to repurchase at $800.2 billion
By Jennifer Chiou
New York, May 7 - Fannie Mae announced that its tally of total Federal funds purchased and securities sold under agreements to repurchase and debt outstanding stood at $800.2 billion as of March 31.
The average maturity of those securities is 45 months.
This compares to a mark of $785.78 billion from the end of 2009, when the average maturity of the debt was also 45 months.
Meanwhile, Fannie Mae said that its net issuance of long-term debt at March 31 was $6.83 billion. This figure represents the difference between long-term debt issued and long-term debt repaid during that period.
At Dec. 31, the net issuance of long-term debt was $34.51 billion.
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