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Published on 11/23/2010 in the Prospect News Agency DailyProspect News Liability Management Daily.

Fannie Mae plans to redeem $1.17 billion medium-term notes at par

By Melissa Kory

Cleveland, Nov. 23 - Fannie Mae announced that it will redeem $1.17 billion of its medium-term notes.

Fannie Mae said in a news release that the redemption price will be the principal amount plus accrued interest up to the redemption date.

Affected are the following securities:

• $50 million of 4.3% notes due Dec. 3, 2012, to be redeemed Dec. 3;

• $50 million of 5.18% notes due Dec. 3, 2019, to be redeemed Dec. 3;

• $25 million of 2% notes due Dec. 3, 2012, to be redeemed Dec. 3;

• $25 million of 2.2% notes Dec. 3, 2012, to be redeemed Dec. 3;

• $25 million of 5.5% notes due Dec. 3, 2029, to be redeemed Dec. 3;

• $45 million of 3.2% notes due Dec. 3, 2025, to be redeemed Dec. 3;

• $25 million of 3.25% notes due Dec. 3, 2015, to be redeemed Dec. 3;

• $50 million of 2.52% notes due June 3, 2025, to be redeemed Dec. 3;

• $150 million of 1% notes due June 3, 2013, to be redeemed Dec. 3;

• $125 million of 2% notes due Dec. 3, 2018, to be redeemed Dec. 3;

• $150 million of 2% notes due June 3, 2015, to be redeemed Dec. 3;

• $50 million of 0.65% notes due June 3, 2013, to be redeemed Dec. 3;

• $50 million of 2.25% notes due June 3, 2025, to be redeemed Dec. 3;

• $100 million of 2% notes due June 3, 2015, to be redeemed Dec. 3; and

• $250 million of 0% notes due June 7, 2040, to be redeemed Dec. 7.


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