New Issue: Fannie Mae sells $5 billion 0.75% two-year Benchmark Notes at 21.5 bps over Treasuries

By Kenneth Lim

Boston, Jan. 13 - Fannie Mae priced $5 billion of 0.75% two-year Benchmark Notes on Thursday at a spread of 21.5 basis points over Treasuries.

The notes were sold at 99.846 to yield 0.824%. Price talk was at a spread of 22 bps over Treasuries.

Barclays Capital Inc., J.P. Morgan Securities LLC and UBS Securities LLC were the lead managers.

The notes are non-callable.

Issuer:	Fannie Mae
Issue:	Benchmark Notes
Amount:	$5 billion
Maturity:	Feb. 26, 2013
Coupon:	0.75%
Price:	99.846
Yield:	0.824%
Spread:	21.5 bps over Treasuries
Price talk:	22 bps over Treasuries
Call:	Non-callable
Lead managers:	Barclays Capital Inc., J.P. Morgan Securities LLC, UBS Securities LLC
Pricing date:	Jan. 13
Settlement date:	Jan. 18

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