Fannie Mae has priced $3 billion of 5.25% 10-year Benchmark Notes due Sept. 15, 2016.The issue (CUSIP: 31359MW41) was priced at 99.395 to yield 5.329%, 38 basis points more than comparable 10-year Treasury notes, the government-sponsored enterprise said. Deutsche Bank Securities Inc., Lehman Brothers Inc. and UBS Securities LLC were joint lead managers of the transaction, which also had several co-managers and a designated selling group of 10 additional dealers.

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