Fannie Mae Prices New Issue 5-Year Benchmark Notes® due July 28, 2015

Jun 10, 2010, 10:19 ET from Fannie Mae

WASHINGTON, June 10 /PRNewswire-FirstCall/ -- The following is being issued by Fannie Mae (NYSE: FNM):



5-Year

Pricing Date

June 10, 2010

Settlement Date

June 14, 2010

Maturity Date

July 28, 2015

Issue Size

$3.0 billion

Coupon

2.375%

Price

99.704

Yield

2.437%

Payment Dates

Each July 28th and January 28th, beginning July 28, 2010

Spread

+39 basis points / 2.125%  05/31/15 U.S. Treasury

CUSIP

31398AU34

Listing

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




Barclays Capital Inc., Deutsche Bank Securities Inc., and J.P. Morgan & Co. are the joint lead managers.  The co-managers include, Banc of America Securities, CastleOak Securities, L.P., Citigroup Global Markets Inc., FTN Financial Capital Markets, Goldman Sachs & Co., and UBS Securities LLC.

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



RELATED LINKS

http://www.fanniemae.com