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FANNIE ISSUES DEBENTURE PRICING

 FANNIE ISSUES DEBENTURE PRICING
 WASHINGTON, Feb. 4 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) issued the following debenture pricing:
 Date of Offering: Feb. 5, 1992
 Price: Par
 Issue Date: Feb. 10, 1992
 Term: 10 years
 Interest Rate: 7.50 pct.
 Yield: 7.500 pct.
 Amount (millions): $500
 Maturity Date: Feb. 11, 2002
 Date of First
 Interest Payment
 (then semi-annually): 8/11/92
 The net proceeds of this offering will be added to the working capital of the Federal National Mortgage Association and used for general corporate purposes.
 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 Avenue, N.W., Washington, D.C. 20016, assisted by a nationwide selling group of recognized securities dealers.
 The issues that are offered on Feb. 5, 1992, will be free to trade at 8:20 a.m. EST.
 -0- 2/4/92
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


TW -- DC032 -- 3316 02/04/92 14:09 EST
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Publication:PR Newswire
Date:Feb 4, 1992
Words:206
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