By Lisa Kerner
Charlotte, N.C., Sept. 23 - Fannie Mae priced $3 billion of new 0.625% three-year Benchmark Notes Friday at a spread of 28.5 basis points over Treasuries.
The notes were sold at 99.951 to yield 0.641%. Price talk was at a spread of 26.5 bps over Treasuries.
BNP Paribas Securities Corp., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC were the lead managers.
The notes are non-callable.
| Issuer: | Fannie Mae
|
| Issue: | Benchmark Notes
|
| Amount: | $3 billion
|
| Maturity: | Oct. 30, 2014
|
| Coupon: | 0.625%
|
| Price: | 99.951
|
| Yield: | 0.641%
|
| Spread: | 28.5 bps over Treasuries
|
| Price talk: | 26.5 bps over Treasuries
|
| Call: | Non-callable
|
| Lead managers: | BNP Paribas Securities Corp., Citigroup Global Markets Inc., J.P. Morgan Securities LLC
|
| Pricing date: | Sept. 23
|
| Settlement date: | Sept. 27
|
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