By Kenneth Lim
Boston, Aug. 3 - Fannie Mae priced a $1 billion reopening of 2.375% five-year Benchmark Notes to yield 1.759% through an auction Tuesday.
The notes priced at 102.925.
The size of the debt series is now $4 billion after the reopening.
The notes are non-callable.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark Notes reopening
|
| Amount: | $1 billion
|
| Maturity: | July 28, 2015
|
| Coupon: | 2.375%
|
| Price: | 102.925
|
| Yield: | 1.759%
|
| Call: | Non-callable
|
| Pricing date: | Aug. 3
|
| Settlement date: | Aug. 5
|
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