Fannie Mae plans to redeem $848.32 million securities in May

By Toni Weeks

San Diego, April 25 - Fannie Mae said that it will redeem $848,316,000 of securities, according to a press release.

The redemption price will be the principal amount plus accrued interest up to the redemption date.

The following securities will be redeemed May 2:

• $13,316,000 of 5.1% notes due May 2, 2023;

• $50 million of 5% notes due May 2, 2018;

• $25 million of 4.93% notes due May 2, 2018; and

• $50 million of 0.75% notes due Aug. 2, 2013.

The following securities will be redeemed May 4:

• $40 million of 3% notes due Nov. 4, 2014;

• $20 million of 4.25% notes due Nov. 4, 2016;

• $100 million of 1.875% notes due Aug. 4, 2015;

• $50 million of 0.75% notes due Feb. 4, 2014;

• $50 million of 2.25% notes due May 4, 2020;

• $50 million of 3.38% notes due Nov. 4, 2016; and

• $50 million of 3% notes due May 4, 2017.

The following securities will be redeemed May 5:

• $100 million of 2% notes due May 5, 2015; and

• $250 million of 2.8% notes due May 5, 2014.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.