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FANNIE MAE ISSUES DEBENTURE ANNOUNCEMENT

 FANNIE MAE ISSUES DEBENTURE ANNOUNCEMENT
 WASHINGTON, Jan. 31 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) issued the following debenture announcement:
 Date of Offering: Feb. 5, 1992
 Issue Date: Feb. 10, 1992
 Term: 10 years
 Amount (millions): $500
 Maturity Date: Feb. 11, 2002
 Date of First
 Interest Payment
 (then semi-annually): 8/11/92
 Date interest rates
 and prices will be
 announced: Feb. 4, 1992
 The net proceeds of this offering will be added to the working capital of Fannie Mae and used for general corporate purposes.
 Debentures will be issued in book-entry form only. The minimum purchase is $10,000 and multiples of $5,000 thereafter. The offering is being made through Fannie Mae's Senior Vice President - Finance and Treasurer, Gary L. Perlin, and Vice President and Assistant Treasurer, Linda K. Knight, 3900 Wisconsin Ave., N.W., Washington, D.C. 20016, assisted by a nationwide selling group of recognized securities dealers.
 The issues that are offered on Feb. 5, 1992, will be free to trade at 8:20 a.m. EST.
 -0- 1/31/92
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Federal National Mortgage Association ST: District of Columbia IN: FIN SU:


MK-TW -- DC016 -- 5541 01/31/92 10:47 EST
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Publication:PR Newswire
Date:Jan 31, 1992
Words:206
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