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Fannie Mae's new five-year Benchmark Notes talked at 36 bps over Treasuries; pricing Friday
By Lisa Kerner
Charlotte, N.C., Sept. 23 - Fannie Mae plans to price new five-year Benchmark Notes on Friday, talked at a spread of 36 basis points over Treasuries, a market source said.
The size of the deal has not been set, but the source said orders have reached $6.5 billion.
Barclays Capital Inc., Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are the lead managers.
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