WASHINGTON, July 13, 2011 /PRNewswire/ --
The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):
3-Year Pricing Date TBD Settlement Date July 18, 2011 Maturity Date August 28, 2014 Issue Size TBD Coupon TBD Payment Dates Each August 28th and February 28th, beginning August 28, 2011 CUSIP 3135G0BY8 Listing Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange
BNP Paribas Securities Corp., Deutsche Bank Securities Inc., and Goldman Sachs & Co. are the joint lead managers. The co-managers include, Citigroup Global Markets Inc., FTN Financial Capital Markets, Loop Capital Markets, J.P. Morgan & Co., and M.R. Beal & Company.
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