Fannie Mae has announced that it will reduce the minimum weekly three-month and six-month auction amounts of Benchmark Bills to $1 billion each as of Aug. 10.The minimum size for the monthly one-year auction will remain at $1 billion. Fannie Mae said it is committed to a schedule of weekly issues in three- and six-month maturities and monthly issues in one-year maturities for Benchmark Bills, which are unsecured general obligations issued in book-entry form through the Federal Reserve Banks. Fannie Mae can be found online at http://www.fanniemae.com.
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