Fannie Mae has priced a $1.0 billion REMIC guaranteed maturity class with a class coupon of 5.450%.The transaction (CUSIP 31396 P6D8), Benchmark REMIC Trust 2007-B1, class BE, was priced at 99.2925 to yield 5.428%, or 97 basis points over the interpolated Treasury curve. It has a final maturity date of Dec. 28, 2020. Citigroup Global Markets Inc., Greenwich Capital Markets Inc., and J.P. Morgan Securities Inc. were the lead underwriters for the deal. Fannie Mae can be found online at http://www.fanniemae.com.
Fannie Prices Benchmark REMIC
March 22, 2007, 3:00 p.m. EDT 1 Min Read
