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FANNIE MAE ISSUES DEBENTURE REDEMPTION

 WASHINGTON, March 17 /PRNewswire/ -- The Federal National Mortgage Association (Fannie Mae) (NYSE: FNM) announced that it will redeem in full five Medium-Term Note issues totaling $73 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
 $18,000,000 8.00 pct. April 16, 1996 April 16, 1993
 $20,000,000 8.05 pct. April 19, 1996 April 19, 1993
 $10,000,000 8.05 pct. April 26, 1996 April 26, 1993
 $15,000,000 8.06 pct. April 26, 1996 April 26, 1993
 $10,000,000 8.08 pct. April 30, 1996 April 30, 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- 3/17/93
 /CONTACT: Tom Marder of Fannie Mae, 202-752-7608/
 (FNM)


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

TW -- DC021 -- 7075 03/17/93 13:13 EST
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Publication:PR Newswire
Date:Mar 17, 1993
Words:181
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