Fannie Mae marks $31.45 billion of debt maturities/redemptions in June

By Jennifer Chiou

New York, July 30 - Fannie Mae recorded $31.45 billion of maturities and redemptions for its debt activity in the month of June while it issued $38.93 billion of debt securities during the month, according to the agency's summary for June.

The numbers compare with $24.89 billion of maturities and redemptions in May and $22.45 billion in June 2009. For the year, Fannie Mae has recorded $182.37 billion of debt maturities and redemptions.

In May, the agency issued $28.38 billion of debt securities. It doled out $15.21 billion of debt securities in June last year.

The agency did not repurchase any debt securities during June. It repurchased $250 million in May and $686 million in June 2009.

All of the debt securities referenced above have a term of more than one year.

When debt securities with a term of one year or less are added, $860.79 billion of Fannie Mae debt securities was outstanding at the end of June, compared with $840.12 billion at the end of May and $846.2 billion at the end of June 2009.

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