Fannie Mae's five-year Benchmark Notes talked at 35 bps over Treasuries, to price Wednesday

By Kenneth Lim

Boston, Aug. 16 - Fannie Mae plans to price new five-year Benchmark Notes on Wednesday, talked at a spread of 35 basis points over Treasuries, market sources said.

The size of the offering has not been set, but it is expected to be at least $3 billion.

Barclays Capital Inc., J.P. Morgan Securities LLC and UBS Securities LLC are the lead managers.

The notes will be non-callable.F

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