WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today announced the pricing of new issue five-year Benchmark Notes® due June 17, 2025. Fannie Mae’s Benchmark Notes offerings typically price and settle within a few business days of the announcement date.
| 5-Year | |
| Pricing Date | June 17, 2020 |
| Settlement Date | June 19, 2020 |
| Maturity Date | June 17, 2025 |
| Issue Size | $5.0 billion |
| Coupon | 0.500% |
| Price | 99.793 |
| Yield | 0.542% |
| Payment Dates | Each June 17 and December 17 beginning December 17, 2020 |
| Spread | + 20 basis points / 0.25% 5/31/25 U.S. Treasury |
| CUSIP | 3135G04Z3 |
Loop Capital Markets LLC., Nomura Securities International, Inc., TD Securities USA, and Wells Fargo Securities, LLC., are the lead managers. The co-managers include CastleOak Securities, L.P., Mischler Financial Group, Inc., Samuel A. Ramirez & Co., Inc., Stern Brothers & Co., and Tribal Capital Markets LLC.
About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit:
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