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FANNIE MAE TO REDEEM MEDIUM TERM NOTES

 FANNIE MAE TO REDEEM MEDIUM TERM NOTES
 WASHINGTON, Dec. 24 /PRNewswire/ -- The Federal National Mortgage


Association (Fannie Mae) (NYSE: FNM) announced that it will redeem seven Medium Term Notes 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
 $20,000,000 8.20 pct. Jan. 23, 1996 Jan. 23, 1992
 $55,000,000 8.95 pct. Jan. 23, 1997 Jan. 23, 1992
 $ 5,000,000 7.80 pct. Jan. 25, 1995 Jan. 27, 1992
 $15,000,000 7.50 pct. Feb. 1, 1994 Feb. 3, 1992
 $ 5,000,000 7.85 pct. Feb. 7, 1996 Feb. 7, 1992
 $ 5,000,000 7.75 pct. Feb. 14, 1996 Feb. 14, 1992
 $ 5,000,000 7.75 pct. Feb. 15, 1996 Feb. 18, 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- 12/24/91
 /CONTACT: Gene Eisman of Fannie Mae, 202-752-6673/
 (FNM) CO: Fannie Mae ST: District of Columbia IN: FIN SU:


DC -- DC003 -- 5123 12/24/91 10:12 EST
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

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Date:Dec 24, 1991
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