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FANNIE MAE ANNOUNCES MEDIUM-TERM NOTE REDEMPTION

 WASHINGTON, Nov. 20 /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 $200 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
 $200,000,000 5.75 pct.(A) Dec. 23, 1997 Dec. 23, 1993
 (A) Current interest rate
 Fannie Mae is a congressionally chartered, shareholder-owned company and the nation's largest source of home mortgage funds.
 -0- 11/23/93
 /CONTACT: Kevin Hawkins of Fannie Mae, 202-752-6720/
 (FNM)


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

KD-MH -- DC020 -- 7274 11/23/93 12:44 EST
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Publication:PR Newswire
Date:Nov 23, 1993
Words:139
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