Fannie Mae plans to redeem $2.23 billion securities at par

By Toni Weeks

San Diego, June 10 - Fannie Mae said that it will redeem $2,225,541,000 of its securities, according to a press release.

The redemption price will be the principal amount plus accrued interest up to the redemption date.

The following securities will be redeemed June 20:

• $541,000 of 5.15% notes due June 20, 2023; and

• $350 million of 1.25% notes due Dec. 20, 2013.

The following securities will be redeemed June 21:

• $25 million of 5% notes due Dec. 21, 2029;

• $250 million of 3.1% notes due Dec. 21, 2018;

• $75 million of 0.875% notes due March 21, 2013;

• $50 million of 1.5% notes due Dec. 21, 2015;

• $500 million of 0.9% notes due Dec. 21, 2012;

• $250 million of 0.9% notes due Dec. 21, 2012;

• $250 million of 0.875% notes due Dec. 21, 2012; and

• $200 million of 5.953% notes due June 21, 2027.

The following securities will be redeemed June 22:

• $50 million of 2.1% notes due June 22, 2016;

• $125 million of 1% notes due Dec. 22, 2025;

• $50 million of 1.9% notes due June 22, 2015; and

• $50 million of 2.2% notes due June 22, 2015.

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