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Fannie Mae plans to redeem $300 million medium-term notes at par
By Toni Weeks
San Diego, Aug. 24 - Fannie Mae said that it will redeem $300 million of its medium-term notes, according to a press release.
The redemption price will be the principal amount plus accrued interest up to the redemption date.
Affected are the following securities, which will be redeemed Sept. 3:
• $125 million of 3% notes due Dec. 3, 2025;
• $50 million of 2.125% notes due Sept. 3, 2019;
• $50 million of 3.1% notes due Sept. 3, 2020; and
• $75 million of 0.5% notes due Dec. 3, 2013.
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