Fannie Mae plans to redeem $685.3 million medium-term notes

By Tali David

Minneapolis, Sept. 23 - Fannie Mae will redeem $685.3 million of its medium-term notes, according to a press release.

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

Affected are the following securities:

• $50 million of 2.1% notes due Apr. 4, 2016 to be redeemed Oct. 4;

• $85.3 million of 6% notes due Oct.5, 2026 to be redeemed Oct. 5;

• $50 million of 2.4% notes due Apr. 5, 2019 to be redeemed Oct. 5; and

• $500 million of 2.8% notes due Oct. 5, 2017 to be redeemed Oct. 5.

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