Fannie Mae talks two-year Benchmark Notes at 18 bps over Treasuries for Friday; size to be set

By Kenneth Lim

Boston, Aug. 26 - Fannie Mae plans to price new two-year Benchmark Notes Friday, talked at a spread of 18 basis points over Treasuries.

The size of the deal has not been set, but it is expected to be at least $3 billion.

Barclays Capital Inc., Goldman Sachs & Co. and J.P. Morgan & Co. are the lead managers.

The notes are non-callable.

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