GSE Takes Time Off from Callable Issuance

Fannie Mae plans to take a break from issuing Callable Benchmark Notes this month."In conjunction with the release of our 2004 Benchmark Securities Calendar, Fannie Mae announced that the company might decline to issue Callable Benchmark Notes in any of, but no more than, four months during 2004," the government-sponsored enterprise said. Fannie Mae can be found online at http://www.fanniemae.com.

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