Fannie Mae plans to redeem $2.59 billion securities at par

By Toni Weeks

San Diego, July 15 - Fannie Mae said that it will redeem $2,587,290,000 of its securities, according to a news release.

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

The following securities will be redeemed July 25:

• $1.29 million of 5% notes due July 25, 2023;

• $250 million of 1.67% notes due July 25, 2014;

• $150 million of 1.25% notes due Oct. 25, 2013;

• $100 million of 2.6% notes due Jan. 25, 2016;

• $200 million of 0.95% notes due Oct. 25, 2013; and

• $251 million of 0.95% notes due Oct. 25, 2013.

The following securities will be redeemed July 26:

• $50 million of 2% notes due Jan. 26, 2018;

• $75 million of 2.125% notes due July 26, 2019;

• $50 million of 2.125% notes due Jan. 26, 2018;

• $50 million of 1.125% notes due July 26, 2013;

• $50 million of 2% notes due Jan. 26, 2018.

The following securities will be redeemed July 27:

• $50 million of 2.25% notes due July 27, 2022;

• $50 million of 2% notes due July 27, 2016;

• $100 million of 2% notes due Jan. 27, 2015;

• $50 million of 1% notes due July 27, 2016;

• $75 million of 2% notes due July 27, 2020;

• $75 million of 2% notes due July 27, 2017;

• $180 million of 1.75% notes due July 27, 2015;

• $80 million of 2.5% notes due July 27, 2018;

• $100 million of 2% notes due Oct. 27, 2014;

• $75 million of 2% notes due July 27, 2018;

• $50 million of 2.5% notes due Jan. 27, 2021;

• $50 million of 2.43% notes due Jan. 27, 2016;

• $50 million of 1.5% notes due Jan. 27, 2016;

• $50 million of 2% notes due Jan. 27, 2023;

• $75 million of 1% notes due Jan. 27, 2016; and

• $250 million of 0.625% notes due July 27, 2012.

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