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FANNIE MAE DEBENTURE REDEMPTION

 FANNIE MAE DEBENTURE REDEMPTION
 WASHINGTON, Aug. 17 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) announced that it will redeem in full three Medium-Term Note issues totaling $475 million.
 The Medium-Term Note issues will be redeemed on the respective redemption dates indicated below at a redemption price of 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
 Principal Interest Maturity Redemption
 Amount Rate Date Date
 $150,000,000 7.40 pct. Sept. 16, 1996 Sept. 16, 1992
 $175,000,000 7.73 pct. Sept. 24, 1998 Sept. 24, 1992
 $150,000,000 7.25 pct. Sept. 30, 1996 Sept. 30, 1992
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 8/17/92
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


TW -- DC012 -- 0501 08/17/92 12:10 EDT
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Publication:PR Newswire
Date:Aug 17, 1992
Words:161
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