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FANNIE MAE ISSUES DEBENTURE REDEMPTION

 FANNIE MAE ISSUES DEBENTURE REDEMPTION
 WASHINGTON, June 29 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) announced today that it will redeem in full two Medium-Term Note issues totaling $160 million.
 The Medium-Term Notes 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
 $ 30,000,000 8.85 percent July 29, 2001 July 29, 1992
 $130,000,000 5.05 percent Jan. 30, 1994 July 30, 1992
 Fannie Mae, the USA's Housing Partner, is a congressionally chartered, shareholder-owned company and the nation's largest investor in home mortgages.
 -0- 6/29/92
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


TW -- DC037 -- 4638 06/29/92 10:45 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Jun 29, 1992
Words:150
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