Fannie Mae Redemption
WASHINGTON, Oct. 7 /PRNewswire-FirstCall/ — Fannie Mae (NYSE: FNM)
will redeem the principal amount indicated for the following securities
issue on the redemption date indicated below at a redemption price equal to
100 percent of the principal amount redeemed, plus accrued interest thereon
to the date of redemption:
Principal Security Interest Maturity Date CUSIP Redemption Date
Amount Type Rate
$25,000,000 MTN 5.300% October 17, 2011 3136F73K1 October 17, 2008
Fannie Mae exists to expand affordable housing and bring global capital
to local communities in order to serve the U.S. housing market. Fannie Mae
has a federal charter and operates in America’s secondary mortgage market
to enhance the liquidity of the mortgage market by providing funds to
mortgage bankers and other lenders so that they may lend to home buyers. In
2008, we mark our 70th year of service to America’s housing market. Our job
is to help those who house America.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities of Fannie Mae. Nothing in this
press release constitutes advice on the merits of buying or selling a
particular investment. Any investment decision as to any purchase of
securities referred to herein must be made solely on the basis of
information contained in Fannie Mae’s applicable Offering Circular, and
that no reliance may be placed on the completeness or accuracy of the
information contained in this press release.
You should not deal in securities unless you understand their nature
and the extent of your exposure to risk. You should be satisfied that they
are suitable for you in the light of your circumstances and financial
position. If you are in any doubt you should consult an appropriately
qualified financial advisor.
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- Bank of America Announces Nationwide Homeownership Retention Program for Countrywide Customers
- Blumberg Capital Partners Completes Two-Year Real Estate Disposition Strategy
- The World’s First Michael Schumacher World Champion Tower was Today Launched at Cityscape
[Via Real Estate Newswire]