Fannie Mae has priced a $2.0 billion REMIC guaranteed maturity class with a class coupon of 6.000% and a final maturity date of June 25, 2016 at 99.5781.The transaction (CUSIP 31395NPD3), Benchmark REMIC Trust 2006-1, class AB, was priced to yield 6.082%, or 94 basis points over the interpolated Treasury curve. Bear Stearns & Co., Lehman Brothers Inc., and UBS Securities Inc. served as the lead underwriters for the deal. The transaction also involved seven co-managers and a selling group. The government-sponsored enterprise can be found online at http://www.fanniemae.com.

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