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Published on 8/6/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

Fannie Mae calls medium-term notes totaling $2.72 billion at par

By Marisa Wong

Madison, Wis., Aug. 6 - Fannie Mae announced that it will redeem a total of $2.72 billion of its medium-term notes.

Fannie Mae said in a news release that the redemption price will be the principal amount plus accrued interest up to the redemption date.

Affected are the following securities:

• $200 million of 1.5% notes due Aug. 16, 2012, to be redeemed Aug. 16;

• $10 million of 2.3% notes due Aug. 16, 2013, to be redeemed Aug. 16;

• $2,296,000 of 5.875% notes due Aug. 17, 2022, to be redeemed Aug. 17;

• $25 million of 0% notes due Aug. 17, 2012, to be redeemed Aug. 17;

• $250 million of 1.55% notes due Nov. 17, 2011, to be redeemed Aug. 17;

• $50 million of 2.25% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $175 million of 1.5% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $50 million of 3% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $200 million of 3% notes due Feb. 17, 2017, to be redeemed Aug. 17;

• $50 million of 1.5% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $80 million of 3% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $255 million of 3% notes due Aug. 17, 2015, to be redeemed Aug. 17;

• $50 million of 1.15% notes due Feb. 17, 2012, to be redeemed Aug. 17;

• $500 million of 3.01% notes due Feb. 17, 2015, to be redeemed Aug. 17;

• $7,058,000 of 6% notes due Aug. 18, 2026, to be redeemed Aug. 18;

• $50 million of 3.5% notes due Feb. 18, 2025, to be redeemed Aug. 18;

• $50 million of 1% notes due Feb. 18, 2016, to be redeemed Aug. 18;

• $50 million of 4% notes due Feb. 18, 2025, to be redeemed Aug. 18;

• $75 million of 2.25% notes due Feb. 18, 2020, to be redeemed Aug. 18;

• $75 million of 2% notes due Feb. 18, 2020, to be redeemed Aug. 18;

• $50 million of 4% notes due Feb. 18, 2022, to be redeemed Aug. 18;

• $100 million of 3.05% notes due Feb. 18, 2015, to be redeemed Aug. 18;

• $100 million of 3.1% notes due Aug. 18, 2015, to be redeemed Aug. 18;

• $25 million of 3% notes due Nov. 18, 2019, to be redeemed Aug. 18;

• $50 million of 4% notes due Nov. 18, 2024, to be redeemed Aug. 18;

• $25 million of 4.5% notes due Nov. 18, 2024, to be redeemed Aug. 18;

• $15 million of 4% notes due Nov. 18, 2021, to be redeemed Aug. 18;

• $50 million of 3% notes due Feb. 18, 2020, to be redeemed Aug. 18; and

• $100 million of 5% notes due May 18, 2020, to be redeemed Aug. 18.


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