Fannie Mae Redemption.WASHINGTON, October 27 /PRNewswire/ --
Fannie Mae Fannie Mae: see Federal National Mortgage Association. (NYSE NYSE
See: New York Stock Exchange : FNM FNM Faith No More (band)
FNM Fábrica Nacional de Motores (Brazilian truck/motor company))
FNM Free National Movement (Bahamas)
FNM Foot and Mouth ) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price Redemption price
See: Call 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 thereon to the date of redemption:
Principal Security Interest Maturity CUSIP Redemption Amount Type Rate Date Date US$40,000,000 MTN 5.150% November 6, 3136F75G8 November 6, 2009 2008 US$175,000,000 MTN 4.675% May 6, 3136F8WK7 November 6, 2011 2008 US$250,000,000 MTN 4.350% May 6, 3136F9ML4 November 6, 2013 2008 US$100,000,000 MTN 5.330% November 6, 31398AJT0 November 6, 2017 2008
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market. Fannie Mae has a federal charter and operates in America's secondary mortgage market to enhance the liquidity of the mortgage market by providing funds to mortgage bankers and other lenders so that they may lend to home buyers. In 2008, we mark our 70th year of service to America's housing market. Our job is to help those who house America.
This press release does not constitute an offer to sell or the solicitation of an offer to buy securities of Fannie Mae. Nothing in this press release constitutes advice on the merits on the merits adj. referring to a judgment, decision or ruling of a court based upon the facts presented in evidence and the law applied to that evidence. A judge decides a case "on the merits" when he/she bases the decision on the fundamental issues and considers of buying or selling a particular investment. Any investment decision as to any purchase of securities referred to herein must be made solely on the basis of information contained in Fannie Mae's applicable Offering Circular, and that no reliance may be placed on the completeness or accuracy of the information contained in this press release.
You should not deal in securities unless you understand their nature and the extent of your exposure to risk. You should be satisfied that they are suitable for you in the light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.
Web site: http://www.fanniemae.com
Latressa Cox of Fannie Mae, +1-202-752-6707