Fannie Mae talks two-year Benchmark Notes at Treasuries plus 19 bps for Friday; size to be set

By Kenneth Lim

Boston, Feb. 25 - Fannie Mae plans to price a benchmark-sized offering of new two-year Benchmark Notes on Friday with price talk at a spread of 19 basis points over Treasuries, market sources said.

The exact deal amount has not been set.

Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. Inc. are the lead managers.

The notes will be non-callable.

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