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Fannie Mae plans to redeem $1.2 billion medium-term notes at par
By Toni Weeks
San Diego, Feb. 4 - Fannie Mae will redeem $1.2 billion of its medium-term notes, according to a press release.
The redemption price will be the principal amount plus accrued interest up to the redemption date.
On Feb. 14, $100 million of 2.375% notes due May 14, 2014 will be redeemed.
On Feb. 15, $25 million of 4.6% notes due Feb. 15, 2018 will be redeemed.
In addition, the following securities will be redeemed Feb. 16:
• $75 million of 2.125% notes due Aug. 16, 2013;
• $500 million of 1.25% notes due Aug. 16, 2013; and
• $500 million of 0.8% notes due Aug. 16, 2012.
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