By Andrea Heisinger
New York, Sept. 19 - Fannie Mae reopened its issue of 1.25% five-year benchmark notes on Monday to add $1 billion, according to a press release.
The notes were sold at 100.369 to yield 1.174%. They are non-callable.
Total outstanding is now $5 billion, including $4 billion priced on Aug. 17 at Treasuries plus 35.5 basis points.
The U.S. government-backed mortgage lender is based in Washington, D.C.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark notes, reopened
|
| Amount: | $1 billion
|
| Maturity: | Sept. 28, 2016
|
| Coupon: | 1.25%
|
| Price: | 100.369
|
| Yield: | 1.174%
|
| Trade date: | Sept. 19
|
| Settlement date: | Sept. 21
|
| Total issuance: | $5 billion, including $4 billion priced on Aug. 17 at 35.5 bps over Treasuries
|
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