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Fannie Mae Redemption.


Business Editors

WASHINGTON--(BUSINESS WIRE)--March 23, 2001

Fannie Mae Fannie Mae: see Federal National Mortgage Association.  will redeem redeem v. to buy back, as when an owner who had mortgaged his/her real property pays off the debt. The term also refers to paying the amount due and all charges after a foreclosure (due to failure to make payments when due) has begun.  the principal amounts indicated of the following securities issues on the redemption date Redemption date

The date on which a bond matures or is redeemed.


redemption date

The date on which a debt security is scheduled to be redeemed by the issuer. The redemption date is the scheduled maturity date or, if applicable, a call date.
 indicated below at a redemption price Redemption price

See: Call price


redemption price

1. The price at which an open-end investment company will buy back its shares from the owners. In most cases, the redemption price is the net asset value per share.

2.
 equal to 100 percent of the principal amount redeemed re·deem  
tr.v. re·deemed, re·deem·ing, re·deems
1. To recover ownership of by paying a specified sum.

2. To pay off (a promissory note, for example).

3.
, plus accrued interest Accrued Interest

The interest that has accumulated on a bond since the last interest payment up to but not including the settlement date.

There are two methods for calculating accrued interest:
1) 360-day year method, used for corporate and municipal bonds.
 thereon there·on  
adv.
1. On or upon this, that, or it.

2. Archaic Following that immediately; thereupon.

Adv. 1. thereon - on that; "text and commentary thereon"
on it, on that
 to the date of redemption The liberation of an estate in real property from a mortgage.

Redemption is the process by which land that has been mortgaged or pledged is bought back or reclaimed. It is accomplished through a payment of the debt owed or a fulfillment of the other conditions.
:

----------------------------------------------------------------------
 Principal    Security  Interest  Maturity      CUSIP     Redemption
  Amount        Type      Rate      Date                     Date
----------------------------------------------------------------------
$200,000,000    MTN      5.375%    April 6,   31364GC56  April 2, 2001
                                    2001
----------------------------------------------------------------------
$250,000,000    MTN      5.300%    April 17,  31364GF87  April 2, 2001
                                    2001
----------------------------------------------------------------------
$150,000,000    MTN      5.250%    April 19,  31364GG94  April 2, 2001
                                    2001
----------------------------------------------------------------------
$300,000,000    MTN      5.310%    April 24,  31364GH93  April 2, 2001
                                    2001
----------------------------------------------------------------------
$250,000,000    MTN      5.380%    April 26,  31364GK81  April 2, 2001
                                    2001
----------------------------------------------------------------------
$250,000,000    MTN      5.320%    May 1,     31364GL56  April 2, 2001
                                    2001
----------------------------------------------------------------------
$100,000,000    MTN      5.350%    May 1,     31364GM22  April 2, 2001
                                    2001
----------------------------------------------------------------------
$250,000,000    MTN      5.320%    May 8,     31364GN96  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 30,000,000    MTN      5.250%    Oct. 1,    31364GBK4  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 75,000,000    MTN      5.200%    Oct. 5,    31364GBP3  April 2, 2001
                                    2001
----------------------------------------------------------------------
$125,000,000    MTN      5.250%    Oct. 5,    31364GBV0  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 75,000,000    MTN      5.250%    Oct. 26,   31364GDG1  April 2, 2001
                                    2001
----------------------------------------------------------------------
$175,000,000    MTN      5.210%    Nov. 9,    31364GFU8  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 75,000,000    MTN      5.260%    Nov. 15,   31364GGC7  April 2, 2001
                                    2001
----------------------------------------------------------------------
$200,000,000    MTN      5.260%    Nov. 15,   31364GGE3  April 2, 2001
                                    2001
----------------------------------------------------------------------
$100,000,000    MTN      5.280%    Nov. 15,   31364GGB9  April 2, 2001
                                    2001
----------------------------------------------------------------------
$125,000,000    MTN      5.375%    Nov. 19,   31364GGY9  April 2, 2001
                                    2001
----------------------------------------------------------------------
$150,000,000    MTN      5.360%    Dec. 3,    31364GJS9  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 75,000,000    MTN      5.210%    Dec. 10,   31364GKH1  April 2, 2001
                                    2001
----------------------------------------------------------------------
$200,000,000    MTN      5.250%    Dec. 14,   31364GKW8  April 2, 2001
                                    2001
----------------------------------------------------------------------
$175,000,000    MTN      5.270%    Dec. 17,   31364GLK3  April 2, 2001
                                    2001
----------------------------------------------------------------------
$150,000,000    MTN      5.290%    Dec. 17,   31364GLN7  April 2, 2001
                                    2001
----------------------------------------------------------------------
$200,000,000    MTN      5.350%    Dec. 17,   31364GLG2  April 2, 2001
                                    2001
----------------------------------------------------------------------
$200,000,000    MTN      5.250%    Dec. 20,   31364GLS6  April 2, 2001
                                    2001
----------------------------------------------------------------------
$ 15,000,000   MTNR      5.250%    Jan. 14,   31364GNL9  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 25,000,000    MTN      5.370%    Jan. 14,   31364GPH6  April 2, 2001
                                    2002
----------------------------------------------------------------------
$200,000,000    MTN      5.340%    Jan. 24,   31364GQA0  April 2, 2001
                                    2002
----------------------------------------------------------------------
$200,000,000    MTN      5.300%    Feb. 1,    31364GRE1  April 2, 2001
                                    2002
----------------------------------------------------------------------
$100,000,000    MTN      5.330%    Feb. 4,    31364GRT8  April 2, 2001
                                    2002
----------------------------------------------------------------------
$200,000,000    MTN      5.350%    Feb. 4,    31364GSD2  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 15,000,000   MTNR      5.350%    March 8,   31364GVP1  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 15,000,000   MTNR      5.350%    April 5,   31364GZZ5  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 15,000,000   MTNR      5.250%    April 26,  31364GH36  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 15,000,000   MTNR      5.300%    May 7,     31364GL49  April 2, 2001
                                    2002
----------------------------------------------------------------------
$ 50,000,000    MTN      5.350%    Jan. 8,    31364GMW6  April 2, 2001
                                    2003
----------------------------------------------------------------------
$ 25,000,000   MTNR      8.000%    April 3,   31364KKV1  April 3, 2001
                                    2007
----------------------------------------------------------------------
$ 50,000,000    MTN      6.210%    April 4,   31364FWQ0  April 4, 2001
                                    2005
----------------------------------------------------------------------
$100,000,000   MTNR      7.800%    April 4,   31364KKW9  April 4, 2001
                                    2005
----------------------------------------------------------------------


Fannie Mae is a New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 company and the largest non-bank financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 company in the world. It operates pursuant to a federal charter and is the nation's largest source of financing for home mortgages.

Fannie Mae is working to shrink shrink Vox populi noun A psychiatrist  the nation's "homeownership gaps" through a $2 trillion One thousand times one billion, which is 1, followed by 12 zeros, or 10 to the 12th power. See space/time.

(mathematics) trillion - In Britain, France, and Germany, 10^18 or a million cubed.

In the USA and Canada, 10^12.
 "American Dream American dream also American Dream
n.
An American ideal of a happy and successful life to which all may aspire:
 Commitment" to increase homeownership rates and serve 18 million targeted American families American Family is a photographic artwork exhibition by Renée Cox. See also
  • An American Family, a 1973 documentary broadcast on PBS
  • , a 2002-2004 PBS drama starring Edward James Olmos and Constance Marie.
 by the end of the decade. Since 1968, Fannie Mae has provided $3.0 trillion of mortgage financing for over 37 million families.

More information about Fannie Mae can be found on the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 at http://www.fanniemae.com.

Style Usage: Fannie Mae's Board of Directors has authorized au·thor·ize  
tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es
1. To grant authority or power to.

2. To give permission for; sanction:
 the company to operate as "Fannie Mae," and the company's stock is now listed on the NYSE NYSE

See: New York Stock Exchange
 as "Fannie Mae." In order to facilitate clarity Clarity is the property of being clear or transparent.

Clarity can refer to one's ability to clearly visualize an object or concept, as in thought, understanding, and the "mind's eye", as well as the traditional notion of visual perception, that is, with the
 and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae."
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 23, 2001
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