WASHINGTON, Nov. 17 DC-FannieMaeAnnounces
WASHINGTON, Nov. 17 /PRNewswire-FirstCall/ -- The following is being
issued by Fannie Mae (NYSE: FNM):
3-Year
Pricing DateNovember 17, 2008
Settlement Date November 19, 2008
Maturity Date August 15, 2011
Reopen Size $1 billion
Current Outstanding $3.5 billion
Coupon 3.625%
Price 101.766
Yield 2.948%
Payment Dates Each February 15th and August 15th,
beginning February 15, 2009
CUSIP 31398ATL6
Listing Application will be made to list the
securities on the EuroMTF market of the
Luxembourg Stock Exchange
Fannie Mae exists to expand affordable housing and bring global capital to
local communities in order to serve the U.S. housing market. Fannie Mae has a
federal charter and operates in America's secondary mortgage market to enhance
the liquidity of the mortgage market by providing funds to mortgage bankers
and other lenders so that they may lend to home buyers. In 2008, we mark our
70th year of service to America's housing market. Our job is to help those who
house America.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities of Fannie Mae. Nothing in this
press release constitutes advice on the merits of buying or selling a
particular investment. Any investment decision as to any purchase of
securities referred to herein must be made solely on the basis of information
contained in Fannie Mae's applicable Offering Circular, and that no reliance
may be placed on the completeness or accuracy of the information contained in
this press release.
You should not deal in securities unless you understand their nature and
the extent of your exposure to risk. You should be satisfied that they are
suitable for you in the light of your circumstances and financial position. If
you are in any doubt you should consult an appropriately qualified financial
advisor.
Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of
this mark is prohibited.
SOURCE Fannie Mae
