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Fannie Mae's new three-year Benchmark Notes talked at 23.5 bps over Treasuries, to price Thursday
By Kenneth Lim
Boston, July 7 - Fannie Mae plans to price new three-year Benchmark Notes on Thursday, talked at a spread of 23.5 basis points over Treasuries, market sources said.
The size of the deal has not been set, but initial talk was at a benchmark size of $3 billion.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and UBS Securities LLC are the lead managers.
The notes are non-callable.
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