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FANNIE MAE ISSUES DEBENTURE ANNOUNCEMENT

 WASHINGTON, Jan. 29 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) issued the following debenture announcement:
 Date of Offering: Feb. 2, 1993
 Series: SM-2000-J
 Issue Date: Feb. 10, 1993
 Term: 7 years
 Callable on or after: N/A
 Amount (millions): $500
 Maturity Date: 2/10/00
 CUSIP: 3135866B0
 Date of First
 Interest Payment
 (then semi-annually): 8/10/93
 Date interest rates
 and prices will be
 announced: Feb. 1, 1993
 The net proceeds of this offering will be used to redeem in part the $1,020,000,000 of Series SM-1993-I, 7.95 percent debentures due Feb. 10, 1993.
 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 Feb. 2, 1993, will be free to trade at 8:20 a.m. EST.
 -0- 1/29/93
 /CONTACT: Tom Marder of Fannie Mae, 202-752-7608/
 (FNM)


CO: Fannie Mae ST: District of Columbia IN: FIN SU:

DC -- DC009 -- 0692 01/29/93 10:54 EST
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Publication:PR Newswire
Date:Jan 29, 1993
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