Fannie Mae has priced a $2 billion issue of five-year, 3.125% Callable Benchmark Notes due March 16, 2009.The issue (CUSIP: 31359MUQ4) was priced at 99.562 with a yield to maturity of 3.221%. It is noncallable for the first two years, with a one-time call date of March 16, 2006. The joint lead managers for the issue are Credit Suisse First Boston Corp., J.P. Morgan Securities Inc., and UBS Investment Bank.
Fannie Prices Callable BenchNotes
March 11, 2004, 3:00 p.m. EST 1 Min Read