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Published on 9/1/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

Fannie Mae to redeem medium-term notes totaling $160 million at par

By Marisa Wong

Madison, Wis., Sept. 1 - Fannie Mae announced that it will redeem a total of $160 million 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, all to be redeemed Sept. 11:

• $25 million of 4% notes due Dec. 11, 2024;

• $50 million of 2.125% notes due Dec. 11, 2014;

• $75 million of 2.5% notes due Dec. 11, 2014; and

• $10 million of 3.5% notes due Dec. 11, 2019.


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