New Issue: Fannie Mae prices $3 billion 2% five-year Benchmark Notes at 14 bps over Treasuries

By Cristal Cody

Eureka Springs, Ark., Jan. 5 – Fannie Mae sold $3 billion of five-year Benchmark Notes at 99.821 to yield 2.038% on Thursday, according to a news release.

The notes priced with a spread of 14 basis points over Treasuries.

Citigroup Global Markets Inc., Goldman Sachs & Co. and Nomura Securities International were the lead managers.

Fannie Mae is a mortgage credit provider based in Washington, D.C.

Issuer:	Fannie Mae
Amount:	$3 billion
Description:	Benchmark Notes
Maturity:	Jan. 5, 2022
Bookrunners:	Citigroup Global Markets Inc., Goldman Sachs & Co., Nomura Securities International
Co-managers:	Blaylock Beal Van, LLC, Drexel Hamilton, LLC, Mischler Financial Group, Inc., Multi-Bank Securities Inc.
Coupon:	2%
Price:	99.821
Yield:	2.038%
Spread:	Treasuries plus 14 bps
Trade date:	Jan. 5
Settlement date:	Jan. 9

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