Fannie Mae talks five-year Benchmark Notes at 30 bps over Treasuries for Wednesday

By Kenneth Lim

Boston, March 1 - Fannie Mae plans to price new five-year Benchmark Notes on Wednesday, talked at a spread of 30 basis points over Treasuries, market sources said.

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

Barclays Capital Inc., Citigroup Global Markets Inc. and UBS Securities LLC are the lead managers.

The notes will be non-callable.

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