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Fannie Mae plans to redeem $550 million securities at par on May 27
By Toni Weeks
San Diego, May 17 - Fannie Mae said that it will redeem $550 million of medium-term notes, according to a press release.
The redemption price will be the principal amount plus accrued interest up to the redemption date.
Affected are the following securities, which will be redeemed May 27:
• $25 million of 2% notes due May 27, 2014;
• $25 million of 2% notes due May 27, 2014;
• $15 million of 1.65% notes due May 27, 2014;
• $50 million of 2.25% notes due Nov. 27, 2015;
• $50 million of 1.6% notes due May 27, 2014;
• $200 million of 2.05% notes due Feb. 27, 2014;
• $35 million of 1% notes due May 27, 2015;
• $50 million of 2.5% notes due Nov. 27, 2017; and
• $100 million of 1.43% notes due May 27, 2014.
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