Fannie Mae plans to redeem $3.39 billion securities at par

By Toni Weeks

San Diego, Aug. 5 - Fannie Mae said that it will redeem $3,393,150,000 of its securities, according to a news release.

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

The following securities will be redeemed Aug. 15:

• $7.15 million of 5.15% notes due April 2, 2038;

• $50 million of 2% notes due Aug. 15, 2012;

• $50 million of 1% notes due Feb. 15, 2023; and

• $50 million of 4.5% notes due Oct. 14, 2025.

The following securities will be redeemed Aug. 16:

• $50 million of 2.5% notes due Aug. 16, 2019;

• $100 million of 0.65% notes due Aug. 16, 2013;

• $50 million of 3% notes due Aug. 16, 2018;

• $100 million of 2% notes due Feb. 16, 2016;

• $75 million of 1% notes due Feb. 16, 2016;

• $50 million of 1.5% notes due Feb. 16, 2016;

• $50 million of 2% notes due Feb. 16, 2016;

• $50 million of 2.25% notes due Feb. 16, 2016;

• $50 million of 2% notes due Aug. 16, 2018;

• $250 million of 1.5% notes due Feb. 16, 2021;

• $125 million of 1% notes due Feb. 16, 2016;

• $75 million of 1.15% notes due Aug. 16, 2013;

• $150 million of 1.7% notes due Nov. 16, 2015; and

• $50 million of 1% notes due Nov. 16, 2015.

The following securities will be redeemed Aug. 17:

• $250 million of 6.125% notes due Aug. 17, 2026;

• $1 billion of 1% notes due Feb. 17, 2026;

• $50 million of 1% notes due Aug. 17, 2018;

• $50 million of 3.05% notes due Aug. 17, 2015;

• $75 million of 2.15% notes due Aug. 17, 2015;

• $75 million of 2.125% notes due Aug. 17, 2015;

• $50 million of 2% notes due Feb. 17, 2026;

• $50 million of 1.25% notes due Feb. 17, 2016;

• $61 million of 2% notes due Feb. 17, 2016;

• $50 million of 2% notes due Nov. 17, 2015;

• $50 million of 2% notes due Aug. 17, 2015; and

• $250 million of 1.75% notes due Nov. 17, 2015.

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