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Fannie Mae to redeem $375 million medium-term notes at par on July 22
By Toni Weeks
San Diego, July 12 - Fannie Mae said that it will redeem $375 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 22:
• $50 million of 2.5% notes due Jan. 22, 2016; and
• $325 million of 2.25% notes due July 22, 2015.
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