Fannie Mae has priced $3 billion of 5.00% 10-year Benchmark Notes due Feb. 13, 2017.The issue (CUSIP: 31359M4D2) was priced at 99.981 to yield 5.003%, 32.5 basis points more than the 4.625% 10-year Treasury notes due Nov. 15, 2016, the government-sponsored enterprise said. Lehman Brothers Inc., Merrill Lynch Government Securities Inc., and UBS Securities LLC are the joint lead managers of the transaction, which also had a several co-managers and a designated selling group of 10 additional dealers.

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