Fannie Mae announces planned redemption of $157.21 million in notes

By Devika Patel

Knoxville, Tenn., June 16 - Fannie Mae said it will redeem $157.21 million of its notes at par plus interest to the redemption date.

The securities being redeemed are the following:

• $25 million 5.16% medium-term notes due June 26, 2023;

• $7.21 million 6% notes due Nov. 8, 2030;

• $75 million 6% notes due March 7, 2030; and

• $50 million 6% notes due March 7, 2030.

All of the notes will be redeemed on June 28, with the exception of the 5.16% notes, which will be redeemed on June 26.

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