Fannie Mae has priced a $500 million reopening of a $2.0 billion issue of three-year Callable Benchmark Notes due May 17, 2007.The reopening (CUSIP: 31359MVC4) was priced at 99.785, with an interest rate of 3.750%. The issue is noncallable for the first year, with a one-time call date of May 17, 2005. Citigroup Global Markets Inc. and UBS Investment Bank are the joint lead managers. Fannie Mae can be found online at http://www.fanniemae.com.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry