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Fannie Mae talks three-year Benchmark Notes at 26.5 bps over Treasuries for Friday
By Kenneth Lim
Boston, Jan. 27 - Fannie Mae plans to price new three-year Benchmark Notes on Friday, talked at a spread of 26.5 basis points over Treasuries, market sources said.
The size of the deal has not been set. Price talk was initially set at a spread of 26 bps, but that was widened later Thursday in line with the market.
Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co. are the lead managers.
The notes are non-callable.
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