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Fannie Mae plans to redeem $825 million of medium-term notes at par
By Toni Weeks
San Diego, July 5 - Fannie Mae said that it will redeem $825 million 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.
Affected are the following securities, which will be redeemed July 15:
• $25 million of 2% notes due July 15, 2014;
• $50 million of 2% notes due July 15, 2014;
• $50 million of 2% notes due Oct. 15, 2014;
• $100 million of 2.3% notes due July 15, 2015;
• $100 million of 1.25% notes due Oct. 15, 2015; and
• $500 million of 0.875% notes due April 15, 2013.
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