By Kenneth Lim
Boston, June 3 - Fannie Mae priced $5 billion of new 1.125% two-year Benchmark Notes on Thursday at a spread of 30 basis points over Treasuries.
The notes sold at 99.975 to yield 1.137%. Price talk was at a spread of 31 bps over Treasuries.
Banc of America Securities LLC, Goldman Sachs & Co. and UBS Securities LLC were the lead joint managers.
The notes are non-callable.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark Notes
|
| Amount: | $5 billion
|
| Maturity: | July 30, 2012
|
| Coupon: | 1.125%
|
| Price: | 99.975
|
| Yield: | 1.137%
|
| Spread: | 30 bps over Treasuries
|
| Price talk: | 31 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | Banc of America Securities LLC, Goldman Sachs & Co. and UBS Securities LLC
|
| Pricing date: | June 3
|
| Settlement date: | June 7
|
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