Fannie Mae Announces 2-Year Reopening Benchmark Notes(R)

Date : 11/18/2009 @ 9:43AM
Source : PR Newswire
Stock : Fannie Mae (FNM)
Quote : 1.15  0.06 (5.50%) @ 8:00PM
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Fannie Mae Announces 2-Year Reopening Benchmark Notes(R)

WASHINGTON, Nov. 18 /PRNewswire-FirstCall/ --

The following is being issued by Fannie Mae (NYSE:FNM):

2-Year (Reopening)

Pricing Date November 18, 2009

Settlement Date November 20, 2009

Maturity Date November 23, 2011

Reopen Size $1 billion

Current Outstanding $5 billion

Coupon 1.000%

Payment Dates Each November 23rd and May 23rd, beginning November

23, 2009

CUSIP 31398AZN5

Listing Application will be made to list the securities on

the EuroMTF market of the Luxembourg Stock Exchange

Auction Time 10:30 a.m. - 11:00 a.m. EST

Fannie Mae is a shareholder-owned company with a public mission. We exist 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 that 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 the 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.

DATASOURCE: Fannie Mae

CONTACT: Derek Lowe of Fannie Mae, +1-202-752-2110

Web Site: http://www.fanniemae.com/


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