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Fannie Mae Adds Third Day of Redemption Announcements

WASHINGTON, DC-Fannie Mae announced today (Monday, May 21) that it will redeem the principal amounts on securities issues, as it also did on Friday, May 18 and Thursday, May 17.

By Amy Vaughn | Updated on May 21, 2001

WASHINGTON, DC-Fannie Mae has today added a third day to its series of announcements that it will be redeeming principal amounts on securities issues. On all of them, the company will pay a redemption price equal to 100% of the principal amount redeemed, plus accrued interest thereon to the date of redemption.

Today it was announced that Fannie Mae will redeem: principal amount of $200 million, security type MTN, interest rate 5.37%, maturity rate March 1, 2002, CUSIP 31364GWS4; $25 million, MTN, 7.75%, maturity date June 1, 2003, 31364KPL8; $75 million, MTN, 8%, maturity date June 1, 2004, 31364KPN4; $50 million, MTN, 7.05%, maturity date Dec. 1, 2004, 31364KEK2; $15 million, MTNR, 7.7%, maturity date June 1, 2005, 31364KPM6; and $15 million, MTNR, 8%, maturity date Dec. 1, 2005, 31364KPG9. All of these have a redemption date of June 1, 2001.

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