Fannie Mae Prices New Issue 3-Year Benchmark Notes® due December 19, 2014

News provided by

Fannie Mae

15 Nov, 2011, 15:56 GMT

WASHINGTON, November 15, 2011 /PRNewswire/ --

The following is being issued by Fannie Mae (OTC Bulletin Board: FNMA):

 
                       3-Year
    Pricing Date       November 15, 2011
    Settlement Date    November 17, 2011
    Maturity Date      December 19, 2014
    Issue Size         $5 billion
    Coupon             0.750%
    Price              99.997
    Yield              0.751%
    Payment Dates      Each December 19th and June 19th, beginning
                       December 19, 2011
    Spread             +36 basis points / 0.375%  11/15/14 U.S. Treasury
    CUSIP              3135G0FY4
    Listing            Application will be made to list the securities on the
                       EuroMTF market of the Luxembourg Stock Exchange

Barclays Capital Inc., Citigroup Global Markets Inc., and UBS Securities LLC are the joint lead managers. The co-managers include, BNP Paribas Securities Corp., CastleOak Securities, L.P., FTN Financial Capital Markets, Goldman Sachs & Co., and Williams Capital Group L.P.

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. 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 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 light of your circumstances and financial position. If you are in any doubt you should consult an appropriately qualified financial advisor.

Benchmark Notes is a registered mark of Fannie Mae. Unauthorized use of this mark is prohibited.