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Fannie Mae Announces Several Early Redemptions

WASHINGTON, DC-Fannie Mae announced plans to redeem 11 securities with a total value of $630 million on June 29, before their respective maturation dates. Redemptions are for principal value plus interest.

By Wendy Watkins | Updated on June 19, 2001

WASHINGTON, DC-Fannie Mae announced plans to redeem several securities on June 29, at 100% of their principal amount plus interest.

The issues slated for redemption are: a $15 million MTNR security at 5.1% interest slated to mature Nov. 5, 2003, CUSIP 31364GEQ8; a $15 million MTNR security at 7.25% interest set to mature on Dec. 29, 2003, CUSIP 31364KQV5; a $50 million MTNR security at 5.5% interest that had been set to mature on Sept. 30, 2004, CUSIP 31364GAN9.

Also included are: a $15 million MTNR security at 5.5% interest slated to mature on Nov. 9, 2004, CUSIP 31364GFB0; a $25 million MTN security at 5.85% slated to mature on Sept. 29, 2006, CUSIP 31364K4X5; a $20 million MTN security at 6.25% interest slated to mature on Aug. 6, 2007, CUSIP 31364F2S9; a $100 million MTN security at 6.35% slated to mature on Jan. 16, 2008, CUSIP 31364FNU1.

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