Fannie Mae Redemption.Business Editors Fannie Mae Fannie Mae: see Federal National Mortgage Association. will redeem the principal amount 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, 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 to the date of redemption: ------------ -------- -------- ------------- --------- --------------- Principal Security Interest Maturity Date CUSIP Redemption Date Amount Type Rate ------------ -------- -------- ------------- --------- --------------- $ 25,000,000 MTNR 6.180% Apr. 11, 2011 3136F0DD1 July 8, 2002 ------------ -------- -------- ------------- --------- --------------- $ 25,000,000 MTNR 6.210% May 16, 2011 3136F0HF2 July 8, 2002 ------------ -------- -------- ------------- --------- --------------- $ 28,819,000 MTNR 6.200% May 24, 2011 3136F0LL4 July 8, 2002 ------------ -------- -------- ------------- --------- --------------- $ 26,996,000 MTNR 6.200% June 6, 2011 3136F0LZ3 July 8, 2002 ------------ -------- -------- ------------- --------- --------------- $ 50,000,000 MTN 7.020% July 8, 2015 3136F0SF0 July 8, 2002 ------------ -------- -------- ------------- --------- --------------- $ 25,000,000 MTN 4.510% July 9, 2003 3136F0PP1 July 9, 2002 ------------ -------- -------- ------------- --------- --------------- $150,000,000 DEB 6.990% July 9, 2007 31359MCJ0 July 9, 2002 ------------ -------- -------- ------------- --------- --------------- $ 50,000,000 MTN 5.875% July 10, 2006 3136F0SR4 July 10, 2002 ------------ -------- -------- ------------- --------- --------------- $ 15,000,000 MTNR 6.000% July 10, 2009 3136F0QG0 July 10, 2002 ------------ -------- -------- ------------- --------- --------------- $100,000,000 MTN 6.625% July 11, 2011 3136F0QH8 July 11, 2002 ------------ -------- -------- ------------- --------- --------------- 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 the nation's "homeownership gaps" through a $2 trillion "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 by the end of the decade. Since 1968, Fannie Mae has provided more than $3.8 trillion of mortgage financing for over 44 million families. More information about Fannie Mae can be found on the Internet at http://www.fanniemae.com. Style Usage: Fannie Mae's Board of Directors has authorized 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 and avoid confusion, news organizations are asked to refer to the company exclusively as "Fannie Mae." |
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