Fannie Mae plans to redeem $555 million medium-term notes at par

By Toni Weeks

San Diego, June 24 - Fannie Mae said that it will redeem $555 million of its medium-term notes, according to a press release.

The redemption price will be the principal amount plus accrued interest up to the redemption date.

The following securities will be redeemed July 5:

• $50 million of 1% notes due April 5, 2013; and

• $55 million of 0.75% notes due July 5, 2013.

The following securities will be redeemed July 6:

• $50 million of 5% notes due Jan. 6, 2025;

• $50 million of 2% notes due July 6, 2018;

• $100 million of 1.5% notes due Jan. 6, 2014; and

• $250 million of 1.4% notes due Jan. 6, 2014.

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