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Fannie Mae talks 10-year Benchmark Notes at low- to mid-30 bps area
By Aleesia Forni
Virginia Beach, Sept. 3 – Fannie Mae announced plans to price an offering of Benchmark Notes due Sept. 6, 2024, according to a market source and a company news release.
Price talk is set in the low- to mid-30 basis points area over Treasuries.
The issue will settle on Sept. 8.
Deutsche Bank Securities Inc., J.P. Morgan & Co. and Nomura Securities International, Inc. are the joint lead managers.
The co-managers include Barclays, CastleOak Securities, LP, FTN Financial Capital Markets and Multi-Bank Securities Inc.
The government-backed mortgage lender is based in Washington, D.C.
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