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C O R R E C T I O N TO FANNIE MAE ISSUES DEBENTURE PRICING.

 /C O R R E C T I O N -- FANNIE MAE/
 In DC009, Fannie Mae Issues Debenture Pricing, moved Feb. 28, we


are advised by the company that the third graph from the bottom contained incorrect figures for amounts to be redeemed. The corrected release follows:
 FANNIE MAE ISSUES DEBENTURE PRICING
 WASHINGTON, Feb. 28 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) issued the following debenture pricing:
 Date of Offering: March 4, 1992
 Issue Date: March 10, 1992
 Term: 5 years 7 years
 Callable on or after: 3/10/95 3/10/96
 Amount (millions): $700 $500
 Maturity Date: 3/10/97 3/10/99
 Date of First
 Interest Payment
 (then semi-annually): 9/10/92 9/10/92
 Date interest rates
 and prices will be
 announced: March 3, 1992
 The debentures of March 10, 1997, are redeemable on or after March 10, 1995, and the debentures of March 10, 1999, are redeemable on or after March 10, 1996. The debentures are redeemable in whole or in part at the option of the corporation at any time (and from time to time) at 100 percent of the principal amount redeemed plus accrued interest thereon to the date of redemption.
 The net proceeds of this offering will be used to redeem in part the $205,765,000 of Series SM-1992-A, 7.00 percent debentures and the $1,000,000 of Series SM-1992-G, 7.00 percent debentures due March 10, 1992.
 Debentures will be issued in book-entry form only. The minimum purchase is $10,000 and multiples of $5,000 thereafter. The offering is being made through Fannie Mae's Senior Vice President-Finance and Treasurer Gary L. Perlin and Vice President and Assistant Treasurer Linda K. Knight, 3900 Wisconsin Ave., N.W., Washington, D.C. 20016, assisted by a nationwide selling group of recognized securities dealers.
 The issues that are offered on March 4, 1992, will be free to trade at 8:20 a.m. EST.
 -0- 3/2/92
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


SB -- DC038 -- 4113 03/02/92 15:50 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Mar 2, 1992
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