New Issue: Fannie Mae sells $2 billion 0.875% two-year Benchmark Notes at 12 bps over Treasuries

By Aleesia Forni

New York, March 2 – Fannie Mae priced $2 billion of 0.875% two-year Benchmark Notes on Wednesday at Treasuries plus 12 basis points, according a company news release.

Pricing was at 99.8 to yield 0.973%.

Citigroup Global Markets Inc., J.P. Morgan Securities LLC and TD Securities USA are the joint lead managers.

Fannie Mae will apply to list the securities on the EuroMTF market of the Luxembourg Stock Exchange.

The mortgage credit provider is based in Washington, D.C.

Issuer:	Fannie Mae
Amount:	$2 billion
Description:	Benchmark notes
Maturity:	March 28, 2018
Bookrunners:	Citigroup Global Markets Inc., J.P. Morgan Securities LLC, TD Securities USA
Co-managers:	Barclays, CastleOak Securities LP, FTN Financial Capital Markets, Mischler Financial Group, Multi-Bank Securities Inc.
Coupon:	0.875%
Price:	99.8
Yield:	0.973%
Spread:	Treasuries plus 12 bps
Trade date:	March 2
Settlement date:	March 4

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