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FANNIE MAE ANNOUNCES REDEMPTION IN FULL OF TWO MEDIUM-TERM NOTE ISSUES

 WASHINGTON, Feb. 23 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) announced that it will redeem in full two Medium-Term Note issues totaling $190 million.
 The Medium-Term Note issues will be redeemed on the respective redemption dates 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
 $ 40,000,000 8.00 pct. Sept. 25, 1996 March 25, 1993
 $150,000,000 8.40 pct. March 25, 1998 March 25, 1993
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 2/23/93
 /CONTACT: Thomas Marder of Fannie Mae, 202-752-7608/
 (FNM)


CO: Fannie Mae ST: District of Columbia IN: FIN SU:

KD -- DC019 -- 9478 02/23/93 14:02 EST
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Publication:PR Newswire
Date:Feb 23, 1993
Words:145
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