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FANNIE MAE MEDIUM-TERM NOTE REDEMPTION

 WASHINGTON, Jan. 11 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) announced that it will redeem all outstanding amounts of one Medium-Term Note issue totaling $250 million.
 The following Medium-Term Note issue will be redeemed on the redemption date 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
 $250,000,000 5.80 pct. Feb. 10, 1998 Feb. 10, 1994
 Fannie Mae is a congressionally chartered, shareholder-owned company and the nation's largest source of home mortgage funds.
 -0- 1/11/93
 /CONTACT: Kevin Hawkins of Fannie Mae, 202-752-6720/
 (FNM)


CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:

KD-KW -- DC011 -- 0920 01/11/94 10:37 EST
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Publication:PR Newswire
Date:Jan 11, 1994
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