WASHINGTON, November 28, 2011 /PRNewswire/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
5-Year (Reopening) Pricing Date November 28, 2011 Settlement Date November 30, 2011 Maturity Date November 15, 2016 Reopen Size $1 billion Current Outstanding $3 billion Coupon 1.375% Price 99.976 Yield 1.380% Payment Dates Each May 15th and November 15th, beginning May 15, 2012 CUSIP 3135G0ES8 Application will be made to list the securities on the Listing EuroMTF market of the Luxembourg Stock Exchange
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. Our job is to help those who house America.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.
SOURCE Fannie Mae