By Kenneth Lim
Boston, June 9 - Fannie Mae priced a $1 billion reopening of 1.125% two-year Benchmark Notes on Wednesday to yield 0.97%.
The notes priced at 100.327 after an auction.
There are currently $5 billion of the notes outstanding.
The notes are non-callable.
Issuer: | Fannie Mae
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Issue: | Benchmark Notes reopening
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Amount: | $1 billion
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Maturity: | July 30, 2012
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Coupon: | 1.125%
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Price: | 100.327
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Yield: | 0.97%
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Call: | Non-callable
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Pricing date: | June 9
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Settlement date: | June 11
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