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Fannie Mae to redeem $1.06 billion of 10 note series at par in May
By Susanna Moon
Chicago, May 6 - Fannie Mae said that it will redeem $1,056,609,000 of 10 series of notes at par.
The redemption price also will include accrued interest up to the redemption date, according to an agency press release.
The following notes will be redeemed on May 16:
• $1,609,000 of 4.7% notes due April 25, 2023;
• $15 million of 5.35% notes due May 16, 2023; and
• $500 million of 1.35% notes due Aug. 16, 2013.
The following notes will be redeemed on May 17:
• $15 million of 5% notes due May 17, 2016;
• $100 million of 1.5% notes due Aug. 17, 2015;
• $75 million of 1.25% notes due May 17, 2012; and
• $50 million of 0.65% notes due Aug. 17, 2012.
The following notes will be redeemed on May 18:
• $150 million of 1.5% notes due Nov. 18, 2013;
• $100 million of 1.5% notes due Feb. 18, 2014; and
• $50 million of 1.35% notes due Feb. 18, 2014.
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