Fannie Mae announces redemption of $565 million in medium-term notes

By Devika Patel

Knoxville, Tenn., Dec. 24 - Fannie Mae said it will redeem $565 million of its medium-term notes at par plus interest.

The securities being redeemed are the $500 million in 4.55% notes due Jan. 4, 2013, the $15 million in 1% notes due July 6, 2011 and the $50 million in 2.3% notes due July 6, 2012.

The 4.55% notes will be redeemed on Jan. 4, and the 1% and 2.3% notes will be redeemed on Jan. 6.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.