WASHINGTON, DC-Fannie Mae announced it will redeem the principal amounts of several securities before their maturity dates. They will be redeemed for 100% of their face value plus interest.
Slated for redemption on April 17 are a $50 million MTN-type security with a CUSIP of 31364GF95 at a 6% interest rate, maturity date had been April 17, 2006; a $15 million MTNR-type security with a CUSIP of 31364KLC2 at a 7.5% interest rate, maturity date had been Oct. 17, 2006; and a $25 million MTNR-type security with a CUSIP of 31364KLJ7 at a 7.5% interest rate, maturity date had been April 17, 2007.
Slated for redemption on April 18 are a $15 million MTNR-type security with a CUSIP of 31364KLG3 at a 7.25% interest rate, maturity date had been April 18, 2005; and a $25 million MTN-type security with a CUSIP of 31364KLH1 at a 7.625% interest rate, maturity date had been April 18, 2005.
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