Fannie Reports BenchNote Repo

Fannie Mae has reported the repurchase of $2.0 billion of outstanding Benchmark Securities.Fannie said the repurchase total consisted of $500 million of 4.625% notes due Oct. 15, 2013; $400 million of 4.375% notes due Sept. 15, 2012; $400 million of 4.375% notes due March 15, 2013; $305 million of 7.250% notes due Jan. 15, 2010; $300 million of 4.125% notes due April 15, 2014; and $95 million of 7.125% notes due June 15, 2010. Fannie Mae can be found on the Web at http://www.fanniemae.com.

For reprint and licensing requests for this article, click here.
MORE FROM NATIONAL MORTGAGE NEWS