Fannie Mae has reported the auction results for a $1 billion reopening of a 4.750% three-year Benchmark Notes security due March 12, 2010.The stop yield was 4.889% for the issue (CUSIP: 31359M5Z2), which was priced at 99.622. The bid/cover ratio was 3.950. The settlement date is April 16. Fannie Mae can be found on the Web at http://www.fanniemae.com.

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