Fannie Mae Prices New Issue 5-Year Benchmark Notes® due April 11, 2016

Mar 02, 2011, 10:06 ET from Fannie Mae

WASHINGTON, March 2, 2011 /PRNewswire/ -- The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):



5-Year

Pricing Date

March 2, 2011

Settlement Date

March 4, 2011

Maturity Date

April 11, 2016

Issue Size

$4 billion

Coupon

2.375%

Price

99.796

Yield

2.418%

Payment Dates

Each April 11th and October 11th, beginning April 11, 2011

Spread

+30 basis points / 2.125%  2/29/16 U.S. Treasury

CUSIP

3135G0BA0

Listing

Application will be made to list the securities on the EuroMTF market of the Luxembourg Stock Exchange




Barclays Capital Inc., Citigroup Global Markets Inc., and UBS Securities LLC are the joint lead managers.  The co-managers include, BNP Paribas, FTN Financial Capital Markets, Goldman Sachs & Co., J.P. Morgan & Co., S.A. Ramirez & Co., Inc., and Williams Capital Group L.P.

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.  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



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