Fannie Mae to offer $6 billion of benchmark 3-year notes
By APThursday, March 11, 2010
Fannie Mae to offer $6b in notes
NEW YORK — Fannie Mae on Thursday said it will offer $6 billion of new 3-year notes due May 7, 2013.
The offering was first announced Wednesday without specifics.
The notes were priced at $99.839 and will yield 1.803 percent each May 7 and November 7.
The settlement date for the offering is March 15.
Shares shed 1 cent to $1.09 in afternoon trading.
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