Fannie Mae Redemption Friday December 5, 9:00 am ET
WASHINGTON, Dec. 5 /PRNewswire-FirstCall/ -- Fannie Mae (NYSE: FNM - News) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Principal Security Interest Maturity Date CUSIP Redemption Date Amount Type Rate $750,000,000 MTN 3.750% September 15, 2010 31398ATW2 December 15, 2008 $100,000,000 MTN 3.625% June 16, 2010 3136F9ST1 December 16, 2008 $10,000,000 MTN 3.770% December 16, 2010 3136F9SS3 December 16, 2008 $50,000,000 MTN 3.800% December 16, 2010 3136F9TK9 December 16, 2008 $20,000,000 MTN 3.125% June 16, 2011 3136F9UM3 December 16, 2008 $60,000,000 MTN 4.000% June 16, 2011 3136F9SQ7 December 16, 2008 $50,000,000 MTN 6.030% December 16, 2024 3136F6QU6 December 16, 2008 $50,000,000 MTN 3.630% June 17, 2010 3136F9SR5 December 17, 2008 $200,000,000 MTN 4.680% December 17, 2012 31398AKE1 December 17, 2008 $25,000,000 MTN 4.750% December 17, 2012 3136F8ZN8 December 17, 2008 $200,000,000 MTN 4.800% December 17, 2012 3136F8YL3 December 17, 2008 $200,000,000 MTN 4.875% December 17, 2012 31398AKK7 December 17, 2008
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. In 2008, we mark our 70th year of service to America's housing market. 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.