By Kenneth Lim
Boston, April 29 - Fannie Mae priced a $1 billion reopening of 1.25% two-year Benchmark Notes on Thursday to yield 1.245%.
The notes sold at 100.011 through an auction.
There are now $5 billion outstanding in the series.
The notes are non-callable.
Issuer: | Fannie Mae
|
Issue: | Benchmark Notes reopening
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Amount: | $1 billion
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Maturity: | June 22, 2012
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Coupon: | 1.25%
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Price: | 100.011
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Yield: | 1.245%
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Call: | Non-callable
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Pricing date: | April 29
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Settlement date: | May 3
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